At April 30, Kessler Company Has the Following Bank Information

question 163

Multiple Choice

At April 30, Kessler Company has the following bank information: $$\begin{array} { l r } \text { Cash balance per bank } & \$ 6,900 \\\text { Outstanding checks } & \$ 420 \\\text { Deposits in transit } & \$ 825 \\\text { Credit memo for interest } & \$ 15 \\\text { Bank service charge } & \$ 30\end{array}$$ What is Kessler's adjusted cash balance on April 30?

• A)$7,290.
• B)$7,320.
• C)$6,495.
• D)$7,305.

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