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The following information relates to Blossom Limited's Cash account. The reconciled cash balance from June's bank reconciliation is $17,560. During the month of July, Blossom
The following information relates to Blossom Limited's Cash account. The reconciled cash balance from June's bank reconciliation is $17,560. During the month of July, Blossom recorded cash receipts of $23,200 and cash payments of $24,300 in the general ledger Cash account. An examination of the company's July bank statement shows a balance of $19,400 on July 31; outstanding cheques $3,770; deposits in transit $1,590; EFT collections on account that were not yet recorded on the books $2,185; NSF cheque $1,255; NSF fee $65; and bank service charges $105. Determine the cash balance per Blossom Limited's books. Cash balance $
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