At march 31 bandstra co had a book balance in its cash, Accounting Basics

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At march 31 bandstra co had a book balance in its cash

At March 31, Bandstra Co. had a book balance in its cash account of $5,500. At the end of March the company determined that it had outstanding checks of $900, deposits in transit of $600, a bank service charge of $20, and an NSF check from a customer for $280. The true cash balance at March 31 is: $5,200 $5,220 $5,500 $4,980

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Accounting Basics: At march 31 bandstra co had a book balance in its cash

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