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Based on the Following Information, What Amount Would Be SUBTRACTED

Question 46

Multiple Choice

Based on the following information, what amount would be SUBTRACTED from the BANK BALANCE side of a chequing account reconciliation? Service charge $6, Outstanding cheques $260, Interest $3.00, Deposit in transit $65


A) $260
B) $65
C) $71
D) $68
E) $266

Correct Answer:

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