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On November 30, Arches Company's cash balance per its general ledger is $7,844. The bank's cash balance per the November 30 bank statement is $5,942.

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On November 30, Arches Company's cash balance per its general ledger is $7,844. The bank's cash balance per the November 30 bank statement is $5,942. The following information is gathered from the bank statement and company records: Checks outstanding Deposits outstanding Wnterest earned on bank account Service fee $ $ $ 1.325 3,238 36 25 What is the company's correct ending balance of cash on November 30, per the reconciliation? Multiple Choice $5,931 $4,029

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