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On its September bank reconciliation, the Hill Company has the following items: Balance per bank...

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Accounting

On its September bank reconciliation, the Hill Company has the following items: Balance per bank statement, 9/30- $40,000 NSF check returned with 9/30 bank statement - $550 Deposits in transit, 9/30 $6,000 Outstanding checks, 9/30- $4,500 Bank service charges for September $20. What is the correct 9/30 cash balance?

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