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Information to Calculate the Adjusted Cash Balance for Sue's Company

Question 106

Multiple Choice

Information to calculate the adjusted cash balance for Sue's Company is as follows:
 Cash balance per general ledger $2,100 Customer’s check returned-NSF 75 Bank service charges 40 Deposits in transit 500 Outstanding checks 700 Customer’s note collected by bank 645\begin{array} { | l | r | } \hline \text { Cash balance per general ledger } & \$ 2,100 \\\hline \text { Customer's check returned-NSF } & 75 \\\hline \text { Bank service charges } & 40 \\\hline \text { Deposits in transit } & 500 \\\hline \text { Outstanding checks } & 700 \\\hline \text { Customer's note collected by bank } & 645 \\\hline\end{array}


A) $2,330
B) $2,430
C) $2,630
D) $2,230

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