Brangelina Adoption Agency's general ledger shows a cash balance of $4,578. The balance of cash...
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Accounting
Brangelina Adoption Agency's general ledger shows a cash balance of $4,578. The balance of cash in the March-end bank statement is $7,315. A review of the bank statement reveals the following information: checks outstanding of $2,788, bank service fees of $70, and interest earned of $19. Calculate the correct balance of cash at the end of March. (Amounts to be deducted should be indicated with a minus sign.) Bank balance Checks outstanding Company balance Service fees Interest earned Cash balance per reconciliation Cash balance per reconciliation
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