QUESTION 1 25 Balance per bank statement, September 30, 2019 $13,974 Balance of Cash account in company books September 30, 2019 11,107 Proceeds collected directly by the bank, not recorded by company 3,000 Interest on the collected note 18 Service charge on account not recorded by company Deposit in transit 1,480 Outstanding checks 1,554 A customer's check was returned, marked NSF 200 1. Prepare a bank reconciliation and determine the correct cash balance. The NSF check will be added to the balance of the books. A. True B.False