Q2:

The company cash account shows a balance of $45,000 before reconciliation, the bank statement does not include a deposit of $2,300 made on the last day of the month. The bank statement shows a collection by the bank of $940 and a customer's check for $320 was returned because it was NSF. A customer's check for $450 was recorded on the books as $540, and a check written for $79 was recorded as $97. The correct balance in the cash account was

a.

$47,848.

b.

$45,548.

c.

$45,512.

d.

$45,728.