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Brangelina Adoption Agency's general ledger shows a cash balance of $11,701. The balance of cash in the March-end bank statement is $7,349. A review

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Brangelina Adoption Agency's general ledger shows a cash balance of $11,701. The balance of cash in the March-end bank statement is $7,349. A review of the bank statement reveals the following additional information: deposits outstanding of $2,807, bank service fees of $78, and unrecorded electronic funds transfer for utilities of $1,467. Calculate the correct balance of cash at the end of March. (Amounts to be deducted should be indicated with a minus sign.) Bank balance $ 7,349 Company balance Deposits outstanding (2,807) Service fees EFT for utilities Cash balance per reconciliation $ 4,542 Cash balance per reconciliation $ 11,701 (78) 1,467

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