Dinho Corporation Identified the Following Data When Preparing Its April

question 34

Multiple Choice

Dinho Corporation identified the following data when preparing its April bank reconciliation: $$\begin{array} { l r } \text { Bank statement balance } & \$ 45,000 \\\text { Dinho's book balance (before adjustments) } & ? \\\text { Outstanding checks } & 4,500 \\\text { NSF checks } & 1,400 \\\text { Service charge } & 300 \\\text { Deposits in transit } & 5,000 \\\text { Interest earned on checking account } & 25\end{array}$$
-In addition,Dinho incorrectly recorded a deposit in its books in the amount of $1,000.The correct amount was recorded by the bank as $1,200.
What is the adjusted cash balance at the end of April?

• A)$44,300
• B)$45,500
• C)$45,000
• D)$45,700

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Definitions:

Deviance

Behaviors or actions that violate societal norms or values.

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Mechanisms, strategies, and institutions society employs to regulate individual behavior, ensuring conformity to established norms and laws.

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The feeling of wanting or longing for sexual activity or contact.