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Mt. Peanut has Mrs. Cashew for an accountant. Mrs. Cashew reconciled Mr. Peanut's May bank statement as follows: Cash balance per company books on May

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Mt. Peanut has Mrs. Cashew for an accountant. Mrs. Cashew reconciled Mr. Peanut's May bank statement as follows: Cash balance per company books on May 30 Deposits in transit at month-end Outstanding checks at month-end Bank service charges EFT automatically deducted monthly, not yet recorded by Mr. Peanut An NSF check returned on a customer account $6,825 $2,060 $ 658 $ 38 $ 648 $ 395 What is Mr. Peanut's adjusted cash balance on May 31st? Multiple Choice $6,362

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