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XYZ Company had the following selected information available related to their July 31st bank reconciliation: Cash balance per bank $6.900 Outstanding checks $420 Deposits in
XYZ Company had the following selected information available related to their July 31st bank reconciliation: Cash balance per bank $6.900 Outstanding checks $420 Deposits in transit $825 EFT collection by bank $15 Bank service charge $30 Based on the information above, what is XYZ Company's adjusted cash balance at July 312 A) $7,305. OB) $7,320 C) $7,290. D) $6,495
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