Question: could some one possibly do a bank balance adjustment and a book balance adjustment for this problem. I see the answer but I'm not getting

could some one possibly do a bank balance adjustment and a book balance adjustment for this problem.

I see the answer but I'm not getting the same answer.

I would really like an explanation I have a test tomorrow. could some one possibly do a bank balance adjustment and a

Multiple Choice In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information: Cash balance per company books on January 30 $4.725 Deposits in transit at month-end $1,800 --Outstanding checks at month-end $520 Bank service charges $25 EFT automatically paid monthly, not yet recorded by Maxi $380 An NSF check returned on a customer account $265 The adjusted cash balance per the books on January 31 is: A. $5,855 C. $4,055 B. $5,335 D. $4,815 E. $4,585 17

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