Information to Calculate the Adjusted Cash Balance for Sue's Company

question 106

Multiple Choice

Information to calculate the adjusted cash balance for Sue's Company is as follows:
$$\begin{array} { | l | r | } \hline \text { Cash balance per general ledger } & \$ 2,100 \\\hline \text { Customer's check returned-NSF } & 75 \\\hline \text { Bank service charges } & 40 \\\hline \text { Deposits in transit } & 500 \\\hline \text { Outstanding checks } & 700 \\\hline \text { Customer's note collected by bank } & 645 \\\hline\end{array}$$

• A)$2,330
• B)$2,430
• C)$2,630
• D)$2,230

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Definitions:

Agoraphobia

An anxiety disorder characterized by an intense fear of being in situations where escape might be difficult or that help wouldn't be available if things go wrong.

Panic Attacks

Sudden periods of intense fear or discomfort, often accompanied by physical symptoms like rapid heartbeat, sweating, or trembling.

Biological Causes

Factors related to biological systems, such as genetics, brain structures, and chemical imbalances, that can influence behavior and mental states.

Generalized Anxiety Disorder

A psychological condition characterized by persistent and excessive worry about various aspects of life.