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On May 31, Money Corporation's Cash account showed a balance of $18,000 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 $18,000 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 NST check Service tes $1,250 2,400 270 120 Error Money Corp. wrote a check for $80 but recorded it incorrectly for $800. What is the amount of cash that should be reported in the company's balance sheet as of May 317

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