1.

The following items appeared on the January 31 bank reconciliations for Gower Company:

• Bank Service Charge: $8
• NSF Check: $40
• Outstanding Checks: $30
• Deposit in Transit: $80
• Error: Deposit by Gower for $404 was correctly recorded by Gower, but recorded for $440 by the bank.
• Bank collection of Note Receivable for Gower: $170

The unadjusted balance per the January 31 books is $1,000.

The adjusted cash balance for the January 31 balance sheet is:

Select one:

a.$952

b.$1,014

c.$1,136

d.$1,122

e.$1,086