A. 7991B. 7231C. 5711D. 6927

In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following Information: Cash balance per company books on January 30 $7, 125 Deposits in transit at month-end $2, 280 Outstanding checks at month-end 760 Bank service charges 49 EFT automatically deducted monthly, not yet recorded by Maxi 860 An NSF check returned on a customer account $ 505 The adjusted cash balance per the books on January 31 Is: Multiple Choice O $7.991