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What is the adjusted bank balance

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Question 1: ABC's bank ledger bal. is $2,400 at 31/5. Outstanding chq's are $300 and deposits in transit are $800. The bank statement bal. on 31/5 is $1,870. The bank statement also shows a $30 bank fee. What is the adjusted bank balance?

Option A) $1,840

Option B) $1,370

Option C) $2,370

Option D) $2,340

Reference no: EM132543987

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