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A bank statement shows a balance of $9,710 at June 30. A bank reconciliation is prepared and includes outstanding checks of $2,150, deposits in transit

A bank statement shows a balance of $9,710 at June 30. A bank reconciliation is prepared and includes outstanding checks of $2,150, deposits in transit of $1,580, and a bank service charge of $50. Among the paid checks returned by the bank was check no. 900 in the amount of $560, which the company had erroneously recorded in the accounting records as $60. The "adjusted cash balance" at June 30 is: $9,140. $8,640. $8,120. $8,120

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