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Business, 20.12.2019 06:31 pollo44

Alton co. had a cash balance of $32,300 recorded in its general ledger at the end of the month, prior to receiving its bank statement. reconciliation of the bank statement reveals the following information:

bank service charge – $15
check deposited and returned for insufficient funds check – $120
deposit recorded in the general ledger as $258 but should be $285
checks outstanding – $1,800

after reconciling its bank statement, what amount should alton report as its cash account balance?

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Alton co. had a cash balance of $32,300 recorded in its general ledger at the end of the month, prio...

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