Waste Management Company's (WMC) general ledger indicates a cash balance of $23,440 as of September...
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Waste Management Company's (WMC) general ledger indicates a cash balance of $23,440 as of September 30, 2021. Early in October, WMC received a bank statement indicating that during September, the company had an NSF check of $2,600 returned to a customer and incurred service charges of $90. WMC also learned it had incorrectly recorded a check received from a customer on September 15 as $300 when in fact the check was for $340, Calculate WMC's correct September 30, 2021, cash balance. Balance per books Add Deduct: Corrected cash balance
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