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The following informaton is available for Jack's, Inc for the current month.
Book balance end of month $7,100
outstanding checks 650
Deposits In transit 3,500
Service charges 80
Interest revenue 40

What is the adjusted book balance on the bank reconciliation, 

A $7,710 
B $7,060 
C $9,830 
D $6,980 

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91727360

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