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What is the amount of cash that should be reported in the

The balance shown in the August bank statement of Colt Company was $23,700. After examining the August bank statement and items included with it, the company's accountant found:

Checks outstanding	$4,800
NSF check	130
Note collected by bank for the Colt Company	1,300
Deposits outstanding	2,500
Bank service charges	70

What is the amount of cash that should be reported in the balance sheet as of August 31?

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Accounting Basics: What is the amount of cash that should be reported in the

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