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What amount should be reported as cash

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Question

The following information pertains to Grey Co. on December 31, 17:

Checkbook balance $12,000

Bank statement balance 16,000

Check drawn on Grey's account, payable to a vendor, dated and recorded 12/31/17 but not mailed until 1/10/18 1,800

On Grey's December 31, 17 balance sheet, what amount should be reported as cash?

Reference no: EM132319086

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