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Meredith Company gathered the following reconciling Cash balance per books, 5/31. $3,012...

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Accounting

Meredith Company gathered the following reconciling

Cash balance per books, 5/31. $3,012

Deposit in transit 192

Notes receivable and interest collected by bank 846

Bank charge for check printing 23

Outstanding checks 1,827

NSF check 170

Find the adjusted cash balance per books on May 31

Select the correct answer

A. $2,054

B. $1,039

C. $3,665

D. $1,378

Answer & Explanation Solved by verified expert
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