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A company has the following information: Cash balance per bank, Dec. 31, $41,000. Note receivable of $8,500 plus $500 of interest collected, $9,000. Outstanding checks,
A company has the following information: Cash balance per bank, Dec. 31, $41,000. Note receivable of $8,500 plus $500 of interest collected, $9,000. Outstanding checks, $6,000. Deposits in transit, $5,400. Bank service charges, $85. NSF check, $2,100. How much is the adjusted cash balance on Dec. 31?
49,915
$49,315
$41,600
$43,800
$40,400
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