The Following Information Was Available to the Accountant of Midland

Multiple Choice

The following information was available to the accountant of Midland Company when preparing the monthly bank reconciliation: $$\begin{array} { | l | r | } \hline \text { Outstanding cheques: } & \begin{array} { r } \# 643 \text { for } \$ 502 \\\# 651 \text { for } \$ 43\end{array} \\\hline \text { Bank service charges } & \$ 25 \\\hline \text { Deposits in transit } & \$ 190 \\\hline \text { Customer note receivable collected by bank } & \$500\\\hline \text { Cash balance per bank statement } & \$ 975 \\\hline \text { Cash balance per books (prior to reconciliation) } & \$ 145\\\hline\end{array}$$ What is the corrected cash balance per books following completion of the reconciliation?

A) $120.
B) $430.
C) $620.
D) $645.