Garment Company reported a cash account balance of 4,500,000 before reconciliation.

The bank statement did not include a deposit of 230,000 made on the last day of the month.

The bank statement showed a collection by the bank of 94,000 and a customer check for 32,000 returned because it was NSF/ no suffiecent fund.

A customer check for 45,000 was recorded on the books as 54,000, and a check written for 79,000 was recorded as 97,000.

1. What is the correct balance in the cash account? Please show computation/explanation.

a. 4,765,000

b. 4,571,000

c. 4,819,000

d. 4,801,000