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A company's bank statement shows a cash balance of $4,220. Comparing the company's cash records...

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Accounting

A company's bank statement shows a cash balance of $4,220. Comparing the company's cash records with the monthly bank statement reveals several additional cash transactions such as checks outstanding of $4,120, deposits outstanding of $1,240, an NSF check from a customer in the amount of $370, and service fee of $50.

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