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Candy Claws Company Gathered the Following Reconciling Information in Preparing

Question 76

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Candy Claws Company gathered the following reconciling information in preparing its August bank reconciliation:  Cash balance per books, 8/31$19,500 Deposits in transit 900 Notes receivable and interest collected by bank 4,800 Bank charge for check printing 120 Outstanding checks 12,000 NSF check 1,020\begin{array}{lr}\text { Cash balance per books, } 8 / 31 & \$ 19,500 \\\text { Deposits in transit } & 900 \\\text { Notes receivable and interest collected by bank } & 4,800 \\\text { Bank charge for check printing } & 120 \\\text { Outstanding checks } & 12,000 \\\text { NSF check } & 1,020\end{array} The adjusted cash balance per books on August 31 is


A) $11,160.
B) $12,060.
C) $23,160.
D) $24,060.

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