The ABC Coporation accountant identified the following data when preparing the bank reconciliation for January 31: Cash balance on bank statement: $ 1,000 deposits in transit $ 2,000 checks in circulation: $ 1,500 Banking fees: $ 100 Customer's check returned for insufficient funds (NSF): $ 200 Interest earned on checking account balance: $ 10 What is ABC's correct cash balance as of January 31? Multiple Choice $ 1,500 $ 800 $ 2,900 $ 710

• $1,500

• $800

• $2,900

• $710