BUSINESS ADMINISTRATION
FINANCIAL ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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At April 30, Dorale Company has the following bank information:cash balance per bank $2, 500; outstanding checks $385; deposits in transit $260; credit memo for interest $50; bank service charge $15. What is Dorale’s adjusted cash balance on April 30?
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$2, 375
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$2, 440
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$2, 500
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$2, 660
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Explanation:
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