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Business, 18.01.2020 02:31 thompsonjeremiah837

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?

a. $30,392 b. $30,338 c. $32,138 d. $32,192

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