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The manager at XYZ prepared the bank reconciliation. The bank balance was $50,000. The adjustments on the reconciliation were outstanding cheques of $4,000, bank charges

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The manager at XYZ prepared the bank reconciliation. The bank balance was $50,000. The adjustments on the reconciliation were outstanding cheques of $4,000, bank charges of $50, a returned NSF charge of $430, and an outstanding deposit of $2,000. Using this information, what is the adjusted cash balance per bank? $52,000$48,000$47,950$47,520 Blossom Boxes uses a petty cash imprest system. The fund was established on February 14 with a balance of $101. On February 28 , there were $5 cash and the following petty cash receipts in the petty cash box

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