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QUESTION

The following information was used in reconciling the bank account for Mendez Company on October:

The following information was used in reconciling the bank account for Mendez Company on October:

Balance per bank, October 31

$8,650

Insufficient funds check

350

Outstanding checks

450

Utility bill paid by bank

310

Check printing charge

20

Deposits in transit

610

Balance per books, October 31

10,000

Calculate the Adjusted Book Balance on October 31.

A) $9,320

B) $8,360

C) $9,420

D) $9,020

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