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Help In the process of reconciling its bank statement for April, Donahue Enterprises' accountant compiles the following information: Cash balance per company books on April
Help In the process of reconciling its bank statement for April, Donahue Enterprises' accountant compiles the following information: Cash balance per company books on April 30 $6,225 Deposits in transit at month-end $1,400 Outstanding checks at month-end $ 720 Bank charge for printing new checks $ 95 Note receivable and interest collected by bank on Donahue's behalf $ 670 A check paid to Donahue during the month by a customer is returned by the bank as NSF $ 589 The adjusted cash balance per the books on April 30 is: Multiple Choice $8,050 $4100 $5.000
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