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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
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 $ 6,205 Deposits in transit at month-end $ 1,440 Outstanding checks at month-end $ 760 Bank charge $ 115 Note collected by bank on Donahues behalf $ 630 A check paid to Donahue during the month by a customer is returned by the bank as NSF $ 620 The adjusted cash balance per the books on April 30 is:
Multiple Choice
$6,720
$5,700
$3,900
$6,100
$8,020
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