A bank statement shows a balance of $6,825 at June 30. The bank reconciliation is prepared and includes outstanding checks of $2,850, deposits in transit of $1,250, and a bank service charge of $40. Among the paid checks returned by the bank was check number 900 in the amount of $450, which the company had erroneously recorded in the accounting records as $60. The "adjusted cash balance" at June 30 is: Multiple Choice $5,985. O O $5,225. $4,425. O $3,525. A bank statement shows a balance of $6,825 at June 30. The bank reconciliation is prepared and includes outstanding checks of $2,850, deposits in transit of $1,250, and a bank service charge of $40. Among the paid checks returned by the bank was check number 900 in the amount of $450, which the company had erroneously recorded in the accounting records as $60. The "adjusted cash balance" at June 30 is: Multiple Choice $5,985. O O $5,225. $4,425. O $3,525