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On May 31, Money Corporation's Cash account showed a balance of $16,500 before the bank reconciliation was prepared. After examining the May bank statement and

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On May 31, Money Corporation's Cash account showed a balance of $16,500 before the bank reconciliation was prepared. After examining the May bank statement and items included with it, the company's accountant found the following items Checks outstanding Deposits outstanding NSF check Service fees $1,750 3,000 160 75 Error: Money Corp. wrote a check for $65 but recorded it incorrectly for $650. What is the amount of cash that should be reported in the company's balance sheet as of May 31

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