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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 $4,725 $1,800 $ 520 $ 25 $ 380 $ 265 The adjusted cash balance per the books on January 31 is: The adjusted cash balance per the books on January 31 is: Multiple Choice O $5,855 $5,335 $4,055 $4,815 O $4,585

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