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Cardinal Company gathered the following reconciling information in preparing its March bank reconciliation: Cash balance per books, 3/31 Deposits in transit Notes receivable and interest collected by bank $17,600 4,800 5,920 Bank service fee Outstanding checks NSF check returned by bank The adjusted cash balance per books on March 31 is: $22,420 $23,520 $22,200 400 9,600 700

Cardinal Company gathered the following reconciling information in preparing its March bank reconciliation: Cash balance per books, 3/31 Deposits in transit Notes receivable and interest collected by bank $17,600 4,800 5,920 Bank service fee Outstanding checks NSF check returned by bank The adjusted cash balance per books on March 31 is: $22,420 $23,520 $22,200 400 9,600 700

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Cardinal Company gathered the following reconciling information in preparing its March bank reconciliation: | Description | Amount | |--------------------------------------------------------|---------| | Cash balance per books, 3/31 | $17,600 | | Deposits in transit | $4,800 | | Notes receivable and interest collected by bank | $5,920 | | Bank service fee | $400 | | Outstanding checks | $9,600 | | NSF check returned by bank | $700 | The adjusted cash balance per books on March 31 is: - ○ $22,420 - ○ $23,520 - ○ $22,200 - ○ $24,440
Transcribed Image Text:Cardinal Company gathered the following reconciling information in preparing its March bank reconciliation: | Description | Amount | |--------------------------------------------------------|---------| | Cash balance per books, 3/31 | $17,600 | | Deposits in transit | $4,800 | | Notes receivable and interest collected by bank | $5,920 | | Bank service fee | $400 | | Outstanding checks | $9,600 | | NSF check returned by bank | $700 | The adjusted cash balance per books on March 31 is: - ○ $22,420 - ○ $23,520 - ○ $22,200 - ○ $24,440
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