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2. X Company gathered the following reconciling information in preparing its October bank reconciliation: - Cash balance per books, 10/31 $16,800 - Deposits in transit

image text in transcribed 2. X Company gathered the following reconciling information in preparing its October bank reconciliation: - Cash balance per books, 10/31 \$16,800 - Deposits in transit 600 - Notes receivable and interest collected by bank 3,400 - Bank charge for check printing 80 - Outstanding checks 8,000 - NSF check 680 The adjusted cash balance per books on October 31 is a. $18,840. b. $16,040. c. $11,440. d. $19,440

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