1 points Save Ans QUESTION 40 31. The Cash account in the ledger of Hensley, Inc. showed a balance of $3,100 at June 30. The bank statement however, showed a balance of $3,900 at the same date. The only reconciling items consisted of a $700 deposit in transit, a bank service charge of $7, and a large number of outstanding checks. What is the total amount of the outstanding checks at June 30? a. $1,507 b. $1,486 c. $1,500 d. $1,513 1 points Sa QUESTION 39 30. The Cash account in the ledger of Hensley, Inc. showed a balance of $3,100 at June 30. The bank statement however, showed a balance of $3,900 at the same date. The only reconciling items consisted of a $700 deposit in transit, a bank service charge of S7, and a large number of outstanding checks. What is the "adjusted cash balance" at June 30? a. $3,093 b. $7,600 c. $2,400 d. $3,900 QUESTION 38 1 points Save Answ 29. The accounting records of Golden Company showed cash of $15,250 at June 30. The balance per the bank statement at June 30 was $15,125. The only reconciling items were deposits in transit of $3,200, outstanding checks totaling $4,100, an NSF check for $1,000 returned by the bank which Golden had not yet charged back to the customer, and a bank service charge of $25. The preparation of the bank reconciliation should indicate that Golden's adjusted cash balance at June 30 is: a. $14,225 b. $15,375 c. $14,475 d. $15,525