(Answered) Question - hercules cos monthly bank statement shows a

Accounting

Question - Hercules Co.'s monthly bank statement shows a balance of $22,300. Reconciliation of the statement with company books reveals the following information:

Bank Service Charge $15

Insufficient funds check 700

Outstanding Checks 2,250

Deposits in transit 500

Bank statement error in Hercules' favor 200

Check deposited by Hercules and cleared by the bank for $267, but improperly recorded by Hercules as $276.

What is the net cash balance per books after the reconciliation?

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