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On May 31, Money Corporation's Cash account showed a blance of 515,500 before the bank reconciliation was prepared. After examining the Maybank statement and items
On May 31, Money Corporation's Cash account showed a blance of 515,500 before the bank reconciliation was prepared. After examining the Maybank statement and items included with it, the company's accountant found the following Hems $1,550 2,100 Checks outstanding Deposits outstanding NSE check Service fees 289 135 Error Money Corp. wrote a check for $55 but recorded it incorrectly for $550. What is the amount of cash that should be reported in the company's balance sheet as of Mayar Multiple Choice 516050
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