explain

TB EX Qu. 4-175 A company's general ledger shows a cash balance... A company's general ledger shows a cash balance of $2,320 Comparing the company's cash records with the monthly bank statement reveals several additional cash transactions such as deposits outstanding of $1,720, note collected by the bank on the company's behalf of $1,400, and interest earned of $27. The company also finds an error by the bank of an additional deposit of $190. Calculate the correct balance of cash. Cash Dance