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question 49

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The bank statement for Tetra Company contained the following items: a bank service charge of $10; a credit memo for interest earned, $15; and a $50 NSF check from a customer. The company had outstanding checks of $100 and a deposit in transit of $300.

-Assuming that the unadjusted bank balance was $500,what is the unadjusted book balance?


Definitions:

Continuance

The state of remaining in a particular situation or condition over a period.

Voir Dire

A legal process in jury selection where potential jurors are questioned about their qualifications and ability to judge a case impartially.

Change Of Venue

Moving a trial to a new location where there has been less pretrial publicity.

Recovered Memories

Memories of traumatic events that were unconsciously blocked and later brought back to consciousness.

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