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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

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

$

7,025

Deposits in transit at month-end

$

2,260

Outstanding checks at month-end

$

750

Bank service charges

$

48

An NSF check returned on a customer account

$

840

The adjusted cash balance per the books on January 31 is:

a- 7,902

b- 7,12.52 (yes I know this is formatted incorrectly)

c-6,137

d-6,839

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