Question - Sterling Company's bank statement for the month of March included the following information:
Ending balance, March 31 $28,046
Bank service charge for March 130
Interest paid by bank to Sterling for March 107
In comparing the bank statement to its own cash records, Sterling found the following:
Deposits made but not yet recorded by the bank $3,689
Checks written and mailed but not yet recorded by the bank 6,530
In addition, Sterling discovered that it had erroneously recorded a check for $46 that should have been recorded for $64.
What is Sterling's correct Cash balance at March 31?