Question:

What is the cash balance per books?

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cash balance per bank 12/31 $13,000

note receivable collected by bank $6,000

outstanding checks $8000

deposit in transit $4500

bank service charge $75

nsf check $1200

a. $4775

b. $14225

c. $15500

d. $1200

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  1. 14225 IS WRONG

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