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Logan Bruno Company has just received the August 31, 2017 bank statement, which summarized below: The general ledger Cash account contained the following entries for

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Logan Bruno Company has just received the August 31, 2017 bank statement, which summarized below: The general ledger Cash account contained the following entries for the month of August Disbursements in August Receipts during August 35,000 Deposits intrinsic at August 31 are exist3, 800, and checks outstanding at August 31 total exist1, 050. Cash on hand at August 31 is exist310. The bookkeeper improperly entered one check in the books at exist146.50 which was written for exist164.50 for supplies (expense): it cleared the bank during the month of August. Prepare a bank reconciliation dated August 31, 2017 proceeding to a correct balance. Prepare any entries necessary to make the books correct and complete What amount of cash should be reported in the August 31 balance sheet

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