The bank statement shows a balance of $4,050.00 . Outstanding deposits total $1,025.00, and outstanding checks total $700.00 . The checkbook balance should be
None of these answers
$2,325.00
$3,725.00
$5,775.00
$4,375.00
$4,375.00
Rationale: 4050 + 1025 – 700 = $4,375.
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