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Palm Company gathered the following reconciling information in preparing its April bank reconciliation Cash balance per books, 4/30 Deposits in transit Notes receivable and interest

Palm Company gathered the following reconciling information in preparing its April bank reconciliation Cash balance per books, 4/30 Deposits in transit Notes receivable and interest collected by bank Bank charge for check printing Outstanding checks NSF check $4,300 150 850 20 2,000 170 The adjusted cash balance per the books on April 30 Is O a. $2,450 O b. $2,280 O c. $3.110 o d. $4,960

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