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Designs on You the Following Information Relates to the Company's

Question 4

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Designs on You The following information relates to the company's May bank reconciliation:
 Bank statement balance $5,000 Unadjusted cash balance from the company records ? Deposit in trensit 1,000 Outstanding checks 500 Bank service charges 50 Interest earned on the bank account 10 Customen’s NSF check returned by the bank 25\begin{array}{ll} \text { Bank statement balance } &\$ 5,000 \\ \text { Unadjusted cash balance from the company records } &? \\ \text { Deposit in trensit } &1,000 \\ \text { Outstanding checks } &500 \\ \text { Bank service charges } &50 \\ \text { Interest earned on the bank account } &10 \\ \text { Customen's NSF check returned by the bank } &25\end{array} In addition,a check was recorded in the accounting records as $1,200 but the correct amount as recorded by the bank was only $1,000.
-Refer to Designs on You.What is the unadjusted cash balance according to the company's records May 31st?


A) $5,365
B) $5,500
C) $5,000
D) $4,865

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