Fluffy Pet Grooming deposits all cash receipts on the day when they are received and all cash payments are made by check.At the close of business on June 30,its Cash account shows a $14,811 debit balance.Fluffy Pet Grooming's June 30 bank statement shows $14,472 on deposit in the bank.Prepare a bank reconciliation for Fluffy Pet Grooming using the following information:
What is the adjusted bank balance?
A) $14,265
B) $14,745
C) $14,677
D) $14,538
E) $14,877
Correct Answer:
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