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25 2013 Ryan Company deposits all cash receipts on the day they are received and makes all cash payments by check. Ryan's June bank
25 2013 Ryan Company deposits all cash receipts on the day they are received and makes all cash payments by check. Ryan's June bank statement shows a $20,361 balance in the bank. Ryan's comparison of the bank statement to its cash account revealed the following Deposit in transit Outstanding checks 1,850 945 Additionally, a $37 check written and recorded by the company was incorrectly recorded by the bank as a $73 deduction The adjusted cash balance per the bank records should be 0 Multiple Choice $23302 $21.302 $21230 $17602
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