Figure C
the Accountant Preparing the January Bank Reconciliation Identified

Multiple Choice

Figure C
The accountant preparing the January bank reconciliation identified the following items:
$\begin{array}{llr} \text { Cash balance per company records } &\$35,900\\ \text {Outstanding cheques } &12,050\\ \text {Interest earned on the chequing account } &75\\ \text {Customer's NSF cheque returned by the bank } &325\\\end{array}$
There was also an error in the accounting records whereby a customer's cheque for $101 was recorded as $110.
-Refer to Figure C.What is the company's adjusted cash balance at January 31?

A) $23,591
B) $35,641
C) $35,659
D) $47,691