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Pharaoh Company gathered the following reconciling information in preparing its June bank reconciliation:
Cash balance per books, 6/30 $15600
Deposits in transit $1100
Notes receivable and interest collected by bank $2750
Bank charge for check printing $95
Outstanding checks $5600
NSF check $520
Problem 1: The adjusted cash balance per books on June 30 is
Option 1: $18835
Option 2: $17735
Option 3: $18350
Option 4: $18775
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