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The following items appeared on the January 31 bank reconciliations for Shelly Company: - Outstanding Checks: $100 - NSF Check. $6 - Bank Service Charge:
The following items appeared on the January 31 bank reconciliations for Shelly Company: - Outstanding Checks: $100 - NSF Check. \$6 - Bank Service Charge: $8 - Deposit in Transit: $80 - Error: Deposit by Shelly for $476 was correctly recorded by Shelly, but recorded for $440 by the bank - Bank collection of Note Receivable for Shelly. $170 The unadjusted January 31 bank statement balance is $1,000. The adjusted cash balance for the January 31 balance sheet is: a. $944 b. $1,016 c. $1,122 d. $980 e. $1,156
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