Brangelina Adoption Agencys general ledger shows a cash balance of $11,760. The balance of cash...
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Accounting
Brangelina Adoption Agencys general ledger shows a cash balance of $11,760. The balance of cash in the March-end bank statement is $7,354. A review of the bank statement reveals the following additional information: deposits outstanding of $2,812, bank service fees of $83, and unrecorded electronic funds transfer for utilities of $1,511.
Calculate the correct balance of cash at the end of March. (Amounts to be deducted should be indicated with a minus sign.)
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