Question: (Learning objective 3: Design and use a bank reconciliation) The Cash account of Rampart Corp. reported a balance of $3, 530 at August 31, 2016.

 (Learning objective 3: Design and use a bank reconciliation) The Cash

(Learning objective 3: Design and use a bank reconciliation) The Cash account of Rampart Corp. reported a balance of $3, 530 at August 31, 2016. Included were outstanding checks totaling $1, 700 and an August 31 deposit of $400 that did not appear on the bank statement. The bank statement, which came from Park State Bank, listed an August 31 balance of $5, 483. Included in the bank balance was an August 30 collection of $691 on account from a customer who pays the bank directly. The bank statement also shows a $13 service charge, $20 of interest revenue that Rampart earned on its bank balance, and an NSF check for $45. Prepare a bank reconciliation to determine how much cash Rampant actually has at August 31

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