Business, 21.04.2020 16:16 kacaria

On May 31, Money Corporation's Cash account showed a balance of $11,500 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 $2,250 Deposits outstanding 3,500 NSF check 280 Service Charges 70Error: Money Corp. wrote a check for $100 but recorded it incorrectly for $1,000.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 $11,500 before the bank reconciliati...

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