Valley Company's (bank statement) showed a balance at May 31 of $123,629. The(only reconcilling items)...

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Accounting

Valley Company's (bank statement) showed a balance at May 31 of $123,629. The(only reconcilling items) were outstanding checks totaling $22,415. At May 31, what balance should Valley's Cash general ledger account show?

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O A. $101,214. B. $146,044. O C. Also $123,629. OD. $123,629 minus any deposits in transit Question 31

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