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In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information: Cash balance per company books on January 30

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In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information: Cash balance per company books on January 30 Deposits in transit at month-end Outstanding checks at month-end Bank service charges EFT automatically deducted monthly, not yet recorded by Maxi An NSF check returned on a customer account $6,925 $2,240 $ 740 $ 47 $ 820 $ 485 The adjusted cash balance per the books on January 31 is: Multiple Choice $7.073 O $6,751 O $7,307 $5,573 $7,813

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