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The following information pertains to Susans company's cash balance and bank reconciliation as of August 31: Company balance per books $ 18,500 Checks written during
The following information pertains to Susans company's cash balance and bank reconciliation as of August 31: Company balance per books $ 18,500 Checks written during August 33,337 Checks outstanding 4,050 Deposits made during August 23,800 Deposits outstanding 5,100 Bank service charge 70 Note collected by bank 2,100 Interest earned reported by bank 22 What is the adjusted cash balance for the company?
A. 8,963
B. 19,550
C. $18,408
D. $20,508
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