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Gentech Corp ? Gentech's Adjusted Cash Balance at June 30, 2016 Is

Question 70

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Gentech Corp.prepared a bank reconciliation as of June 30, 2016.The following items were identified:  Gentech’s bank balance $14,300 Deposits in transit $1,000 Outstanding checks 1,300 Bank service charges 50 Customer’s NSF check returned by the bank 150\begin{array} { l r } \text { Gentech's bank balance } & \$ 14,300 \\\text { Deposits in transit } & \$ 1,000 \\\text { Outstanding checks } & 1,300 \\\text { Bank service charges } & 50 \\\text { Customer's NSF check returned by the bank } & 150\end{array} ? Gentech's adjusted cash balance at June 30, 2016 is


A) $13,800
B) $14,100
C) $14,000
D) $14,300

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