Question: P Question 13 4 pts MBC Inc. deposits all cash receipts on 'lhe day they are received and makes all cash payments by check. The
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Question 13 4 pts MBC Inc. deposits all cash receipts on 'lhe day they are received and makes all cash payments by check. The February general ledger shows $24,327 at the end of the month. Comparison Of the bank statement to its seneral ledger cash account revealed the following: NSF check deposit Deposit in transit Outstanding checks 552 1,100 1,100 Additionally, interest of $79 was earned on the bank account but had not been recorded in the general ledger. The adjusted cash balance per the book records should 'be:
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