Carla Company's Cash Balance at the End of the Month

Multiple Choice

Carla Company's cash balance at the end of the month was $6,500. After comparing the company's records with the monthly bank statement, Carla's accountant identified the following reconciling items: outstanding checks, $800; deposits in transit, $700; bank service charge, $30; NSF check, $500. What is the adjusted bank balance?

A) $6,370
B) $5,970
C) $6,600
D) The adjusted bank balance cannot be determined from this information.