Question: Read practice question below and answer. No explanation needed. Outstanding Cheques $53,675 Bank Service Charge $ 156 Outstanding Deposits $ 32,500 NSF Cheque from Customer

Read practice question below and answer. No explanation needed.

Outstanding Cheques $53,675 Bank Service Charge $ 156 Outstanding Deposits $ 32,500 NSF Cheque from Customer $ 1,860 Bank Statement Balance - November 30/20 $ 28,700 Cash (G/L) Balance - November 30/20 $ 8,568 Interest Earned from Bank $ 973 What is the Adjusted Bank & Cash Balance? $5,665 $7,369 $8,498 O $ 7,525

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