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In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information: Cash balance per company books on January 30

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In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information: Cash balance per company books on January 30 Deposits in transit at month-end Outstanding checks at month-end Bank service charges EFT automatically deducted monthly, not yet recorded by Maxi An NSF check returned on a customer account $4,825 $1,820 $530 $ 26 $ 400 $ 275 The adjusted cash balance per the books on January 31 is: Multiple Choice $4,976 $5,414 O $5,944 O $4,124 O $4,903

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