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In preparing its bank reconciliation at December 31, 2021, Relay Company has the following available data: Balance per bank statement, December 31, 2021 P38,075 Deposit

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In preparing its bank reconciliation at December 31, 2021, Relay Company has the following available data: Balance per bank statement, December 31, 2021 P38,075 Deposit in transit, December 31, 2021 5,200 Outstanding checks, December 31, 2021 6,750 Amount erroneously credited by bank to Relay's account 400 Bank service charges for December 75 What is the adjusted cash balance as of December 31, 2021? OP36,125 OP36,450 OP36,525 OP36,050

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