Multiple Choice
Determine the adjusted cash balance per bank for Egg Packaging on April 30, from the following information: Cash balance on the bank statement $2,500
Customer's cheque returned-NSF 500
Customer's note collected by the bank 600
Deposits in transit, April 30 1,400
Outstanding cheques, April 30 2,650
A) $1,250
B) $1,100
C) $1,550
D) $1,350
Correct Answer:

Verified
Correct Answer:
Verified
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