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What is the adjusted bank balance

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Problem: The bank statement balance is $4800 and shows a service charge of $28, interest earned of $7, and an NSF cheque for $400. Deposits in transits total $1500; outstanding cheques are $410. The bookkeeper recorded $160 as a cheque of $132 in payment of an account payable.

Required:

Question 1: What is the adjusted bank balance?

Question 2: What was the book balance of cash before reconciliation?

Reference no: EM132421207

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