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In preparing its bank reconciliation, Thompson, Inc. has available the following information. Balance per bank statement, April 30 NSF check returned with bank statement Deposits

In preparing its bank reconciliation, Thompson, Inc. has available the following information. Balance per bank statement, April 30 NSF check returned with bank statement Deposits in transit as of April 30 Outstanding checks as of April 30 Bank service charges for April $39,140 450 5,000 5,200 20 What is the correct balance of cash at April 30? a. $39,370 b, $38,940 c. $38,490 d.$38,470

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