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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

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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 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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