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Adjusted cash balance on january

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Reference no: EM132044074

Cho's Coffee House, Inc. has the following data for January 2019:

Cash balance per bank                                                                           $9,150

Deposits in transit                                                                                    1,510

Notes receivable and interest collected by bank                                             500

Bank service charges                                                                                    60

Outstanding checks                                                                                   2,670

NSF checks                                                                                                 310

Bank error: Check written by Joe's Coffee House charged to Cho                    560

The adjusted cash balance on January 31 is

a. $8,550.

b. $8,680.

c. $9,110.

d. $8,300.

Reference no: EM132044074

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