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Urban Bloom,Inc

Question 104

Multiple Choice

Urban Bloom,Inc.'s books show an ending cash balance of $18,000 before preparing the bank reconciliation.Given the bank reconciliation shows outstanding checks of $5,400,deposits in transit of $3,600,NSF check of $180,and interest earned on the bank account of $18,the company's up-to-date ending cash balance equals:


A) $17,838.
B) $12,438.
C) $16,038.
D) $18,198.

Correct Answer:

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