Reference no: EM132859145

Question -

a. On July 31, after all transactions have been recorded, the balance in the company's Cash account has a balance of $15,244.

b. The company's bank statement shows a balance on July of $16,450.

c. Outstanding checks at July total $2,063.

d. A credit memo included with the bank statement indicates that the bank collected $570 on a note receivable for Topper. The $570 includes $550 principle and $20 interest.

e. A debit memo included with the bank statement shows a $107 NSF check from a customer, P. Flank.

f. A deposit placed in the bank's night depository on July 31 totaling $1,275 did not appear on the bank statement.

h. Included with the bank statement was a debit memorandum in the amount of $45 for check printing charges that have not been recorded on the company's books

Required - What is the adjusted balance?