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The following information is needed to reconcile the cash balance for Discount Dry Cleaning, Inc. * A deposit of $5,600 is in transit * The
The following information is needed to reconcile the cash balance for Discount Dry Cleaning, Inc. * A deposit of $5,600 is in transit * The book balance is s6,300 at February 28, 2019 Outstanding checks total $1,300 The bookkeeper recorded a $1,600 check as $17 400 in payment of the current month's rent The bank balance at February 28, 2019 was $17,930 A deposit of $400 was credited by the bank for $4,000 * A customer's check for $3,400 was returned for nonsufficient funds The bank service charge is $70 What was the adjusted book balance? OA. $18,000 OB. $18,770 O C. $18,630 O D. $18,700
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