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Determine the following:

1. How much is the deposit in transit on 10/31/20?


2. How much is the outstanding checks on 09/30/20?
3. How much is the adjusted cash in bank balance on 09/30/20?
4. How much is the total cash receipts during October?
5. How much is the adjusted cash in bank balance on 10/31/20?
6. Present to management the proposed adjusting entries.

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