Financial Accounting

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Given Cash Details, Solve for Reported Cash: Bank Reconciliation


The bank balance shown in the April bank statement shows \$24,000. After examining the April bank statement and the items included in it, the company's accountant figured these items:

Bank reconciliation information:
Checks written, not cleared the bank \$4,000
Deposited check returned for insufficient funds \$130
Note collected from customer by the bank \$1,800
Deposits made on the last day of April, not reflected on bank statement \$2,600
Bank service fee for April \$70

What is the amount of cash that should be reported in the balance sheet at the end of April?