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Your checkbook balance shows $806.50. The bank statement shows $874.66. The bank paid you $2.50 in interest. You issued Checks 1501 ($85), 1507 ($50.16), and 1511 ($20.50), but they are not shown on the statement. A service charge of $5 was levied by the bank. You made an $85 deposit yesterday that is not on the statement. What is the reconciled balance?

Financial Management, Finance

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