In the process of reconciling its bank statement for april, donahue enterprises' accountant compiles the following information:

cash balance per company books on april $ 6,185
deposits in transit at month-end $ 1,480
outstanding checks at month-end $ 800
bank charge for printing new checks $ 135
note receivable and interest collected by bank on donahue’s behalf $ 590
a check paid to donahue during the month by a customer is returned by the bank as nsf $ 660

the adjusted cash balance per the books on april 30 is:

$3,700

$5,980

$5,660

$6,640

$7,980

Option (B) is correct.

Explanation:

Adjusted cash balance as per books:

= Cash balance per company books on April -  Bank charge for printing new checks + Note receivable and interest collected by bank on Donahue’s behalf - A check paid to Donahue during the month by a customer is returned by the bank as NSF

= $6,185 - $135 + $590 - $660

= $5980

answer; personality;

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans. 

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.