Taylor Corp ?? What Is the Net Amount of the Adjustments to on October

Multiple Choice

Taylor Corp.identified the following data in preparing a bank reconciliation on October 31, 2016. $$\begin{array} { l r } \text { Bank statement balance } & \$ 29,600 \\\text { Taylor's book balance (before adjustments) } & ? \\\text { Outstanding checks } & 3,100 \\\text { NSF checks } & 300 \\\text { Service charges } & 200 \\\text { Deposits in transit } & 2,200 \\\text { Interest earned on checking account } & 100\end{array}$$ ?? What is the net amount of the adjustments to Taylor's cash balance as a result of the bank reconciliation?

A) No amounts need to be recorded
B) $400 increase
C) $400 decrease
D) $900 decrease