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What is the true cash balance at April

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Reference no: EM132863293

Problem - Desert, Inc. is completing its bank reconciliation for the month of April. Desert reports the following information:

Balance per Bank Statement 4/30 $163,100

NSF Check returned with 4/30 bank statement $1,599

Deposits in Transit 4/30 $15,181

Outstanding Checks 4/30 $15,151

Bank Service Charges for April $73

Required - What is the true cash balance at April 30th?

Reference no: EM132863293

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