Following normal procedures. AAA does a monthly bank reconciliation. At July month end the following information was provided Bank statement checking account balance of $1,265 AAA general ledger checking account balance of $1,540. Deposits in transit of $240. Outstanding checks totaled $440 Service charges on the bank statement of $120. NSF checks totaled $355. The reconciled cash balance is: Multiple Choice None of the other choices are correct $1.265