The Conner Company's August 31 pre-reconciliation cash balance on its books was $91,000. As of...
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Accounting
The Conner Company's August 31 pre-reconciliation cash balance on its books was $91,000. As of August 31, outstanding checks total $44,400 and deposits in transit total $30,200. Assuming there are no other reconciling items, what was the August 31 cash balance on Conner's bank statement?
Multiple Choice
$76,800.
$105,200.
$91,000.
$14,200.
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