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Compute the Energy correct cash balance

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Question - In preparing its August 31, 2017 bank reconciliation, Energy Corp. has made available the following information:

Balance per bank statement, August 31 54,150

Deposit in transit 9,750

Return of customer's check for insufficient funds 1,800

Outstanding checks 8,250

Bank service charges for August 300

At August 31, 2017, compute the Energy's correct cash balance?

Reference no: EM132624873

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