Question: Please explain in detail how you got the correct answer. Aspen Company gathered the following reconciling information in preparing its March bank reconciliation: Cash balance

Please explain in detail how you got the correct answer.

Aspen Company gathered the following reconciling information in preparing its March bank reconciliation: Cash balance per books, 3/31 $12,600 Deposits in transit 900 Notes receivable and interest collected by bank 2,220 Bank charge for check printing 75 Outstanding checks 4,500 NSF check 420 The adjusted cash balance per books on March 31st is a. $15,225. b. $14,820. c. $14,325. d. $15,165.

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