Poole, Inc.'s September 30 bank statement shows a balance of $496,656. In preparing the bank...
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Accounting
Poole, Inc.'s September 30 bank statement shows a balance of $496,656.
In preparing the bank reconciliation, the following items are revealed:
- Outstanding checks at September 30 were $21,772.
- Deposits in transit at September 30 were $15,954.
- An NSF check from a customer was returned with the bank statement in the amount of $200.
- Bank service charges for September were $600.
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