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BE 7-25 Bank reconciliation @ Appendix 7A Shan Enterprises received a bank statement listing its May 31, 2021, bank balance as $47,582. Shan determined that
BE 7-25 Bank reconciliation @ Appendix 7A Shan Enterprises received a bank statement listing its May 31, 2021, bank balance as $47,582. Shan determined that as of May 31 it had cash receipts of $2,500 that were not yet deposited and checks outstanding of $7,224. Calculate Shan's correct May 31, 2021, cash balance
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