A company has the following:
Cash balance per books on Dec. 31, $7,400
Bank charge for check printing, $25
Outstanding checks, $2,500
NSF check, $400
Notes receivable and interest collected by bank, $1,140
Deposits in transit, $500
The adjusted cash balance per books on Dec. 31 is
$8,975.
$9,475.
$5,375.
$8,675.
$8,115.