Franklin Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the cloue of business on August 31, its Cash account shows a debit balance of $25,162 Franklin's August bank statement shows $23,837 on deposit in the bank Determine the equited cash balance using the following information: Deposit in transit Outstanding cheeks Bank service fees, not yet recorded by company The bank collected on a note receivable, not yet recorded by the company 38,100 $6,300 $ 170 $ 645 The adjusted cash balance should be Multiple Choice $25,807 517.537 525637