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Egrane, Inc.'s monthly bank statement showed the ending balance of cash of $20,200. The bank reconciliation for the period showed an adjustment fora deposit in
Egrane, Inc.'s monthly bank statement showed the ending balance of cash of $20,200. The bank reconciliation for the period showed an adjustment fora deposit in transit of $2,350, outstanding checks of $3,700, a NSF check of $2,400, bank service charges of $115 and the EFT from a customer in payment of the customer's account of $3,200. What is the up-to-date ending Cash balance? Multiple Choice $18,850 $18,165 $21,550 $24,335
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