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The following information relates to Carla Vista Limited's Cash account. The reconciled cash balance from June's bank reconciliation is $19,120. During the month of July.
The following information relates to Carla Vista Limited's Cash account. The reconciled cash balance from June's bank reconciliation is $19,120. During the month of July. Carla Vista recorded cash receipts of $21,800 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 $19,560 on July 31; outstanding cheques $3,930; deposits in transit \$1,750; EFT collections on account that were not yet recorded on the books $2,183;; cheque $1,257 : NSF fee \$63; and bank service charges $103. Determine the cash balance per Carla Vista Limited's books. $
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