Reconciled balance
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The bank statement for Burton Co. revealed a balance of $1,475.00 while the checkbook balance showed a balance of $1,822.00. Outstanding checks totaled $185.00. A check printing charge of $35.00 appeared on the bank statement. There was a $76.00 NSF check reported on the bank's statement. A deposit in the amount of $735.00 was not yet credited. What was Burton Co.'s reconciled balance?
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Reconciled balance is demonstrated for banking.
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