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Ryan Company deposits all cash receipts on the day they are received and makes all...

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Accounting

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Ryan Company deposits all cash receipts on the day they are received and makes all cash payments by check. Ryan's June bank statement shows a $21,361 balance in the bank. Ryan's comparison of the bank statement to its cash account revealed the following: Additionally, a $39 check written and recorded by the company was incorrectly recorded by the bank as a $93 deduction. The adjusted cash balance per the bank records should be: Multiple Choice $24,464 $22.466 Ryan Company deposits all cash receipts on the day they are received and makes all cash payments by check. Ryan's June bank statement shows a $21,361 balance in the bank. Ryan's comparison of the bank statement to its cash account revealed the following: Additionally, a $39 check written and recorded by the company was incorrectly recorded by the bank as a $93 deduction. The adjusted cash balance per the bank records should be: Multiple Choice $24,464 $22.466

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