Business, 11.11.2019 23:31 bluetigerbird4745

In the process of reconciling its bank statement for january, maxi's clothing's accountant compiles the following information:

cash balance per company books on january 30 $4,725

deposits in transit at month-end $1,800

outstanding checks at month-end $520

bank service charges $25

eft automatically paid monthly, not yet recorded by maxi $380

an nsf check returned on a customer account $265

the adjusted cash balance per the books on january 31 is:

1. $5,855

2. $4,585

3. $5,335

4. $4,055

5. $4,815

Answers: 2

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In the process of reconciling its bank statement for january, maxi's clothing's accountant compiles...