Business, 20.09.2020 15:01, jrsavala559p9969g

The following information was taken from the bank reconciliation for Cherrywood, Inc. at the end of 2020: Bank balance: $8,000 Checks outstanding: $5,800 Note collected by the bank: $1,500 Service fee: $20 Deposits in transit: $4,000 NSF check returned: $300 What is the correct cash balance that should be reported in the balance sheet at the end of 2020

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The following information was taken from the bank reconciliation for Cherrywood, Inc. at the end of...