Dance Town Academy The items listed below were identified while preparing a bank reconciliation for the company's checking account as of March 31 Cash balance according to the general ledger Bank statement balance $18,500 Outstanding checks 2,700 Customer's bounced check 350 Bank service charges 100 Deposits in transit 1,000 Interest earned on the checking account 60 Refer to Dance Town Academy Determine the amount of the company's adjusted cash balance a $20,200 b $1,700 c Cannot be determined d $16,800

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Question: Dance Town Academy The items listed below were identified while preparing a bank reconciliation for the company's checking account as of March 31. Cash balance

Dance Town Academy The items listed below were identified while preparing a bank reconciliation for the company's checking account as of March 31.

Cash balance according to the general ledger	?
Bank statement balance	$18,500
Outstanding checks	2,700
Customer's bounced check	350
Bank service charges	100
Deposits in transit	1,000
Interest earned on the checking account	60

Refer to Dance Town Academy. Determine the amount of the company's adjusted cash balance.

a.$20,200

b.$1,700

c.Cannot be determined.

d.$16,800

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