Adler Company Developed the Following Reconciling Information in Preparing Its

question 50

Multiple Choice

Adler Company developed the following reconciling information in preparing its December bank reconciliation: $$\begin{array} { l r } \text { Cash balance per bank, } 12 / 31 & \$ 24,000 \\\text { Note receivable collected by bank } & 12,000 \\\text { Outstanding checks } & 18,000 \\\text { Deposits in transit } & 9,000 \\\text { Bank service charges } & 150 \\\text { NSF check } & 2,400\end{array}$$ Using the above information determine the cash balance per books (before adjustments) for the Adler Company.

• A)$5550.
• B)$33000.
• C)$17550.
• D)$24000.

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