Jayhawk had previously purchased merchandise for $40,000 The company returned $4,000 of the merchandise previously purchased because it was damaged.. The journal entry that Jayhawk would make for the return of the merchandise will include a: a debit to A/P of $4,000 b. debit to Sales Return & Allowance of $4,000 C. credit to A/P of $4,000 d. debit to Merchandise Inventory of $4,000 In preparing its bank reconciliation for the month of April 2016, XYX, Inc. has available the following information Balance per bank statement, 4/30/16 $27.280 NSF check retumed with 4/30/16 bank statement 900 Deposits in transit, 4/30/16 7.000 Outstanding checks, 4/30/16 10,400 Bank service charges for April 40 What is the adjusted bank statement ending balance on April 30, 2016? a. $22,940. b. $22,980 c. $23,840 d. $23,880