1.In preparing its August 31, 20x3 bank reconciliation, Morning Co. has made available the following information:

Balance per bank statement, 8/31/x3

18,050

Deposit in transit, 8/31/x3

3,250

Return of customer's check for insufficient funds, 8/31/x3

600

Outstanding checks, 8/31/x3

2,750

Bank service charges for August

100

What is the correct cash balance of Morning on August 31, 20x3?

a.15,550

b.16,850

c.17,650

d.18,550