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Help Save & Exit Sub Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check At
Help Save & Exit Sub Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check At the close of business on May 31,its Cash account shows a debit balance of $21,525. Clayborn's May bank statement shows $19,400 on deposit in the bank. Determine the adjusted cash balance using the following information Deposit in transit Outstanding checks Bank service fees, not yet recorded by company A NSF check from a customer, not yet recorded by the company $6,558 $5,580 $70 $1,805 The adjusted cash balance should be: Multiple Choice 520.450 $13.900 $25.950 $20 475 $21 455 PM 13/2018
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