Question: Saved Help Save & Exit A company's general ledger shows a cash balance of $2,330. Comparing the company's cash records with the monthly bank statement
Saved Help Save & Exit A company's general ledger shows a cash balance of $2,330. Comparing the company's cash records with the monthly bank statement reveals several additional cash transactions such as deposits outstanding of $1,740, note collected by the bank on the company's behalf of $1,300, and interest earned of $38. The company also finds an error by the bank of an additional deposit of $150. Calculate the correct balance of cash. Cash balance earch ote . 3
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