Question
The balance in Parker company's Cash account on June 30 was $20,800, before the bank reconciliation was prepared. After examining the June bank statement
The balance in Parker company's Cash account on June 30 was $20,800, before the bank reconciliation was prepared. After examining the June bank statement and items included with it, the company's accountant found: Checks outstanding $ 4,300 NSF check Note collected by bank for the Colt Company Deposits outstanding Bank service fees 1,140 1,200 1,800 160 What is the amount of cash that should be reported in the balance sheet as of August 31? $20,580. $18,300. O $17,200. O $20,700.
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