Quayle Company Gathered the Following Reconciling Information in Preparing Its

Multiple Choice

Quayle Company gathered the following reconciling information in preparing its August bank reconciliation: $\begin{array}{lr}\text { Cash balance per books, } 8 / 31 & \$ 7,000 \\\text { Deposits in transit } & 300 \\\text { Notes receivable and interest collected by bank } & 1,700 \\\text { Bank charge for check printing } & 40 \\\text { Outstanding checks } & 4,000 \\\text { NSF check } & 340\end{array}$ The adjusted cash balance per books on August 31 is

A) $8,320.
B) $8,020.
C) $4,620.
D) $4,920.