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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

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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 $ 4,725 Deposits in transit at month-end $ 1,800 Outstanding checks at month-end $ 520 Bank service charges Amount deducted by bank, not yet recorded by Maxi An NSF check returned on a customer account $ 25 $ 380 $ 265 The adjusted cash balance per the books on January 31 is: Answer:

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