$$25,000$ balance in the bank. Determine the adjusted cash balance using the following information:

Deposit in transit

Outstanding checks

Bank service fees, not yet recorded by company

$$8,650$

The adjusted cash balance should be:

Multiple Choice

$$26,750$

$$18,100$

$$33,650$

$$26,775$

$$28,385$Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on May $31,$ its Cash account shows a debit balance of $$28,525.$ Clayborn's May bank statement shows a $$25,000$ balance in the bank. Determine the adjusted cash balance using the following information:

Deposit in transit $ $8,650$

Outstanding checks $ $6,900$

Bank service fees, not yet recorded by company $ $140$

A NSF check from a customer, not yet recorded by the company $ $1,635$

The adjusted cash balance should be: