The cash account shows a balance of $42,000 before reconciliation. The bank statement does not include a deposit of $9,200 made on the last day of the month. The bank statement shows a collection by the bank of $4,960 and a customer's check for $1,100 was returned because it was NSF. The correct balance in the cash account was
A) $42,000.
B) $45,860.
C) $46,960.
D) $43,100.
Correct Answer:
Verified
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