A bank statement shows a balance of $2,970.31. The check register of the account owner shows an outstanding deposit of $1,482.93 and outstanding checks of $2,500.00, $1,000.00, and $500.00. Compute the adjusted cash balance of the bank statement.​

Bank Statement

A document provided by a bank that summarizes an account's transactions and balances over a specific period.

Check Register

A record kept by an account holder of checks written, deposits made, and the current balance of the checking account.

Outstanding Deposit

Outstanding deposits are amounts of money that have been deposited in a bank account but not yet cleared or credited to the available balance.