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Mesa Tables co. uses a four-column bank reconciliation. The bank statement reports May payments of $1,315. Including service charges of $20. At the beginning of May, there were $90 of checks outstanding. Before recording, the bank service charges, Mesa Tables must have recorded May payments of a. $1,325 b. $1,265 c. $1,305 d. $1,365

Mesa Tables co. uses a four-column bank reconciliation. The bank statement reports May payments of $1,315. Including service charges of $20. At the beginning of May, there were $90 of checks outstanding. Before recording, the bank service charges, Mesa Tables must have recorded May payments of a. $1,325 b. $1,265 c. $1,305 d. $1,365

Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 5EA: The bank reconciliation shows the following adjustments: Deposits in transit: $1,234 Outstanding...
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Mesa Tables co. uses a four-column bank reconciliation. The bank statement reports May payments of $1,315. Including service charges of $20. At the beginning of May, there were $90 of checks outstanding. Before recording, the bank service charges, Mesa Tables must have recorded May payments of

a. $1,325

b. $1,265

c. $1,305

d. $1,365

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