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 a $24,361 balance in the bank. Ryan's comparison of the bank statement to its cash account revealed the following:

Deposit in transit	2,650
Outstanding checks	1,161

Additionally, a $34 check written and recorded by the company was incorrectly recorded by the bank as a $43 deduction. The adjusted cash balance per the bank records should be:

Multiple Choice

• $25,850

• $25,841

• $28,181

• $25,859

• $20,559