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The balance shown in the August bank statement of a company was $23,500. After examining the August bank statement and items included with it, the

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The balance shown in the August bank statement of a company was $23,500. After examining the August bank statement and items included with it, the company's accountant found: Checks outstanding NSF check Note collected by bank for the Colt Company Deposits outstanding Bank service fees $4,000 150 1,800 2,800 50 What is the amount of cash that should be reported in the balance sheet as of August 31? Multiple Choice $17,800. $18,800

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