At july 31 sonata company had a general ledger cash balance, Accounting Basics

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At july 31 sonata company had a general ledger cash balance

Problem

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?

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Accounting Basics: At july 31 sonata company had a general ledger cash balance

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