Current Attempt in Progress If the month-end bank statement shows a balance of $72400, outstanding...

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Accounting

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If the month-end bank statement shows a balance of $72400, outstanding checks are $54700, a deposit of $14500 was in transit at month end, and a check for $2600 was erroneously charged by the bank against the account, the correct balance in the bank acc at month end is

  • $71800.
  • $32200.
  • $34800.
  • $115200.

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