A company's bank statement shows a cash balance of $4,230.Comparing the company's cash records with the monthly bank statement reveals several additional cash transactions such as checks outstanding of $3,880,deposits outstanding of $1,230,NSF check of $300,and service fee of $50.Calculate the correct balance of cash.

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The Answer of A company's bank statement shows a cash balance of $4,230.Comparing the company's cash records with the monthly bank statement reveals several additional cash transactions such as checks outstanding of $3,880,deposits outstanding of $1,230,NSF check of $300,and service fee of $50.Calculate the correct balance of cash.

A Company's Bank Statement Shows a Cash Balance of $4,230