In Preparing Its Bank Reconciliation for the Month of April

Multiple Choice

In preparing its bank reconciliation for the month of April 2011, Gantner, Inc.has available the following information. $\begin{array}{lr}\text { Balance per bank statement, } 4 / 30 / 11 & \$ 78,280 \\\text { NSF check returned with } 4 / 30 / 11 \text { bank statement } & 900 \\\text { Deposits in transit, } 4 / 30 / 11 & 10,000 \\\text { Outstanding checks, } 4 / 30 / 11 & 10,400 \\\text { Bank service charges for April } & 40\end{array}$ What should be the adjusted cash balance at April 30, 2011?

A) $78,740.
B) $77,880.
C) $76,980.
D) $76,940.