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Pam is looking over her company's cash account and bank statement. It has a balance...

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Accounting

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Pam is looking over her company's cash account and bank statement. It has a balance of $42,000 before reconciliation. A collection by the bank is shown for $4,960, and one check from a client for $1,100 was returned because it was NSF. Pam notices that a bank deposit made on the last day of the month for $9,200 is not included in the bank statement balance. It is also brought to her attention that two checks are recorded incorrectly by the company, one check for $318 was recorded as $381, and another check for $1,830 was recorded as $1,380. What is the correct balance in the cash account?
$45,473
$54,673
$45,347
$46,573
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