Multiple Choice
At July 31,Sonata Company had a general ledger cash balance of $5,900.Deposits in transit amounted to $1,200 and there was a service charge of $20.Outstanding checks totaled $1,500.What is the balance shown on the bank statement at the end of July?
A) $5,580
B) $5,880
C) $6,180
D) unable to determine from the information given
Correct Answer:
Verified
Correct Answer:
Verified
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