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QUESTION
Brangelina Adoption Agency's general ledger shows a cash balance of $4,401. The balance of cash in the March-end bank statement...
Brangelina Adoption Agency's general ledger shows a cash balance of $4,401. The balance of cash in the March-end bank statement is $7,075. The bank statement reveals the following information: checks outstanding of $2,730, bank service fees of $80, and interest earned of $24.
Calculate the correct balance of cash at the end of March.