LuLu Co identified the following data when preparing its August bank reconciliation: Bank statement balance LuLu Co.'s book balance (before adjustments) Service Charge Customer's NSF Checks Outstanding Checks Deposits in Transit Interest earned on checking account O $46,630 O $48,000 O $47,000 $47,000 O $45,500 49,370 300 1,300 4,500 In addition, LuLu incorrectly recorded a deposit from a customer in its books in the amount of $1,000. The correct amount was recorded by the bank as $1,200. What is the adjusted cash balance according to the bank at the end of August? 5,500 30

LuLu Co identified the following data when preparing its August bank reconciliation: In addition, LuLu incorrectly recorded a deposit from a customer in its books in the amount of $1,000. The correct amount was recorded by the bank as $1,200. What is the adjusted cash balance according to the bank at the end of August? $46,630 $48,000 $47.000 $45,500