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What was the cash balance on the egrane books

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Problem 1: Egrane, Inc.,'s monthly bank statement showed the ending balance of cash of $19,500. The bank reconciliation for the period showed an adjustment for a deposit in transit of $2000, outstanding checks of $3000, a NSF check of $1700, bank service charges of $80 and the EFT from a customer in payment of the customer's account of $2,500. What was the cash balance on the Egrane's books (before the adjustments for items on the bank reconciliation)?

Reference no: EM132734990

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