1. The following items appeared on the January 31 bank reconciliations for Dupree Company:

• Outstanding Checks: $74
• Deposit in Transit: $80
• Bank Service Charge: $4
• NSF Check: $40
• Error: Check written by Dupree for $440 was correctly recorded by Dupree, but recorded for $476 by the bank.
• Bank collection of Note Receivable for Dupree: $90

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

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

Select one:

a. $970

b. $1,006

c. $1,042

d. $1,088

e. $916

2. The following items appeared on the January 31 bank reconciliations for Martha Company:

• Outstanding Checks: $80
• NSF Check: $40
• Bank Service Charge: $6
• Deposit in Transit: $100
• Error: Check written by Martha for $440 was correctly paid by the bank, but recorded for $476 by Martha.
• Bank collection of Note Receivable for Martha: $170

The unadjusted January 31 book balance is $1,000.

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

Select one:

a.$1,180

b.$1,088

c.$1,160

d.$1,124

e.$980