Consider the following: Cash in Bank checking account of $18700, Cash on hand of $450, Post-dated checks received totaling $3330, and Certificates of deposit totaling $120000. How much should be reported as cash in the balance sheet?

$18700.

$22480.

$19150.

$132097

If the month-end bank statement shows a balance of $148000, outstanding checks are $48000, a deposit of $17000 was in transit at month end, and a check for $2300 was erroneously charged by the bank against the account, the correct balance in the cash account at month end is

$119300.

$114700.

$85300.

$176700.