Business, 03.02.2022 02:10 wendhycardenas2019
On May 31, Money Corporation's Cash account showed a balance of $15,500 before the bank reconciliation was prepared. After examining the May bank statement and items included with it, the company's accountant found the following items: CHECKS OUTSTANDING: 2550 DEPOSITS OUTSTANDING: 3000 NSF CHECK: 280 SERVICE FEES: 45 Error: Money Corp. wrote a check for $60 but recorded it incorrectly for $600. What is the amount of cash that should be reported in the company's balance sheet as of May 31
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On May 31, Money Corporation's Cash account showed a balance of $15,500 before the bank reconciliati...
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