The balance shown in the August bank statement of Colt Company was $23,200.After examining the August bank statement and items included with it,the company's accountant found:
What is the amount of cash that should be reported in the balance sheet as of August 31?
A) $20,700.
B) $17,200.
C) $18,700.
D) $22,200.
Correct Answer:
Verified
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