Using the following information, calculate the adjusted cash balance at the end of April.
Bank statement ending cash balance $2,000
General ledger cash balance ending 3,250
Bank monthly service charge 45
Deposits in transit 2,500
Outstanding checks 1,500
NSF check returned with bank statement 205
A. 4,000
B. 5,500
C. 4,250
D. 3,000
+4
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Home » Mathematics » Using the following information, calculate the adjusted cash balance at the end of April. Bank statement ending cash balance $2,000 General ledger cash balance ending 3,250 Bank monthly service charge 45 Deposits in transit 2,500 Outstanding checks