Ryan Company deposits all cash receipts on the day they are received and makes all cash payments by check Ryan's June bank statement shows $29,361 on deposit in the bank. Ryan's comparison of the bank statement to its cash account revealed the following: Deposit in transit Outstanding checks 3,650 1,431 Additionally, a $49 check written and recorded by the company correctly was recorded by the bank as a $94 deduction The adjusted cash balance per the bank records should be Multiple Choice $31525 $34,487 $31,580 Multiple Choice $31,625 41 $34,487 $31.580 $31.535 $24 325