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The following information is needed to reconcile the cash balance for Discount Dry Cleaning Company. . A deposit of $5,600 is in transit. Outstanding checks
The following information is needed to reconcile the cash balance for Discount Dry Cleaning Company. . A deposit of $5,600 is in transit. Outstanding checks total $1,400. The book balance is $6,000 at February 28, 2019. . 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 $17,130. . A deposit of $300 was credited by the bank for $3,000. A customes check for $3,100 was returned for nonsufficient funds. The bank service charge is $70. What was the adjusted book balance? O A. $18,770 B. $17,200 O C. $18,630 O D. $18,700
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