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Hosung Company's Cash account shows a balance of $ 1 , 0 7 8 as of August 3 1 of this year. The balance on

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Hosung Company's Cash account shows a balance of $1,078 as of August 31 of this year. The balance on the bank statement on that date is $1,858. Checks for $349,$568, and $446 are outstanding. The bank statement shows a check issued by another depositor for $316(in other words, the bank made an error and charged Hosung Company for a check written by another company). The bank statement also shows an NSF check for $243 received from one of Hosung's customers, Service charges for the month were $24. What is the adjusted ledger balance of cash as of August 31?
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