In preparing its bank reconciliation for the month of April 2010, Franklin, Inc. has available the following information. 
What should be the adjusted cash balance at April 30, 2010?
Definitions:
Net Sales
Total revenue from sales minus returns, allowances, and discounts, representing the actual sales revenue earned.
Perpetual Inventory System
An accounting system that records inventory transactions in real time, immediately affecting the inventory account with each purchase or sale.
Gross Method
An accounting method for recording purchases of inventory with no immediate recognition of discounts; discounts taken are recorded as income.
Merchandise
Goods that are bought and sold in the course of business, typically in a retail or wholesale setting.
Q18: Maldanado Company has a balance in its
Q25: The steps in the accounting cycle are
Q38: Shandy Shutters has the following inventory information.
Q53: A highly automated computerized system of accounting
Q65: The specific identification method of costing inventories
Q81: If a department store fails to make
Q91: Shown below is a page from a
Q131: Greig Company uses the allowance method for
Q162: Two companies report the same cost of
Q217: Henson Company incurred $300,000 of research and