In the Process of Reconciling Its Bank Statement for January

question 19

Short Answer

In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information:
$\begin{array}{|l|l|r|}\hline \text { December } 4 & \text { Freight charge for merchandise purchased } & \$ 62 \\\hline \text { December } 7 & \text { Delivery charge for shipping to customer } & \$ 46 \\\hline \text { December } 12 & \text { Purchase of office supplies } & \$ 30 \\\hline \text { December } 18 & \text { Donation to charitable oigganization } & \$ 51 \\\hline \text { December 18 } & \text { Donation to charitable organization } & \$ 51 \\\hline\end{array}$
The adjusted cash balance per the books on January 31 is:
A) $\$ 4,055$
B) $\$ 4,585$
C) $\$ 5,335$
D) $\$ 4,815$
E) $\$ 5,855$

• A) \( \$ 4,055 \)
• B) \( \$ 4,585 \)
• C) \( \$ 5,335 \)
• D) \( \$ 4,815 \)
• E) \( \$ 5,855 \)

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