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1 12 points Skipped eBook TB MC Qu. 06-136 (Algo) Ryan Company deposits... Ryan Company deposits all cash receipts on the day they are

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1 12 points Skipped eBook TB MC Qu. 06-136 (Algo) Ryan Company deposits... Ryan Company deposits all cash receipts on the day they are received and makes all cash payments by check. Ryan's June bank statement shows a $19,861 balance in the bank. Ryan's comparison of the bank statement to its cash account revealed the following: Deposit in transit Outstanding checks 1,750 918 Additionally, a $36 check written and recorded by the company was incorrectly recorded by the bank as a $63 deduction. The adjusted cash balance per the bank records should be: Ask Print Multiple Choice $20,693 References $20,666 $22,556 $20,720 $17,220

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