In the process of reconciling its bank statement for April, Donahue Enterprises' accountant compiles the...
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Accounting
In the process of reconciling its bank statement for April, Donahue Enterprises' accountant compiles the following information: Cash balance per company books on April 30 $6,230 Deposits in transit at month-end $1,390 Outstanding checks at month-end $ 710 Bank charge for printing new checks $ 90 Note receivable and interest collected by bank on Donahue's behalt $ 680 A check paid to Donahue during the month by a customer is returned by the bank as NSF $ 570 The adjusted cash balance per the books on April 30 is: Multiple Choice $6.250 $6,820 $8.070 O $6,250 O $6,820 O $8,070 O $4,150 $5,750
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