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The balance shown in the August bank statement of a company was $22,700. After examining the August bank statement and items included with it, the
The balance shown in the August bank statement of a company was $22,700. After examining the August bank statement and items included with it, the company's accountant found: Checks outstanding $ 2,000 NSF check from a customer 130 Note collected by bank for the company 2,100 Deposits outstanding 4,700 Bank service fees 70 What is the amount of cash that should be reported in the companys balance sheet as of August 31
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