Solved by verified expert :Grant Company gathered the following reconciling information in preparing its July bank reconciliation:
Cash balance per books, 7/31…………………$4,500
Deposits-in-transit…………………………$ 150
Notes receivable and interest collected by bank..$ 850
Bank charge for check printing……………….$ 20
Outstanding checks………………………….$2,000
NSF check………………………………….$ 170
The adjusted cash balance per books on July 31 is
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