You Have $175,000 on Deposit with No Outstanding Checks or Uncleared

question 93

Multiple Choice

You have $175,000 on deposit with no outstanding checks or uncleared deposits.One day you write a check for $18,000.What is your book balance?

• A)$157,000
• B)$158,500
• C)$175,000
• D)$178,500
• E)$189,000

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Definitions:

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