Figure B
on June 30, a Company Had $1,924 in Its

Multiple Choice

Figure B
On June 30, a company had $1,924 in its cash account according to its general ledger. This included a deposit of $174 that was in transit on June 30. The June 30 bank statement contained the following information:
$\begin{array}{llr} \text {Bank statement balance } &\$2,178\\ \text { Bank service charge } &14\\ \text { Collection of notes receivable } &136\\ \text { NSF cheque } &32\\\end{array}$

-Refer to Figure B.Assuming outstanding cheques of $338,what is the company's adjusted cash balance at June 30?

A) $1,840
B) $1,880
C) $2,014
D) $2,178