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Q8 Rainy Sky Corporation gathered the following reconciling information in preparing its July bank reconciliation: Cash balance per bank, July 31 $18,200 Note receivable collected

Q8

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Rainy Sky Corporation gathered the following reconciling information in preparing its July bank reconciliation: Cash balance per bank, July 31 $18,200 Note receivable collected by bank 4,500 Outstanding cheques 10,825 Deposit in transit 6,700 Bank service charge 40 NSF cheque 750 The reconciled cash balance per bank at July 31 is Select one: O a. $18,575 O b. $9,575 O c. $17,785 O d. $14,075

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