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Ryan Company deposits all cash receipts on the day they are received and makes all cash payments by check. Ryon's June bank statement shows $25,361

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Ryan Company deposits all cash receipts on the day they are received and makes all cash payments by check. Ryon's June bank statement shows $25,361 on deposit in the bank. Ryan's comparison of the bank statement to its cash account revealed the following: Deposit in transit 2.850 Outstanding checks 1,215 Additionally, a $36 check written and recorded by the company correctly, was recorded by the bank as a $63 deduction The adjusted cash balance per the bank records should be Multiple Choice $29,453 O $26,990 521323 Additionally, a $36 check written and recorded by the company correctly, was recorded by the bank as a $63 deduction. The adjusted cash balance per the bank records should be: Multiple Choice $29,453 $26,996 $21,323 $27.023 $26.969

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