Koffoed, Inc. had the following bank reconciliation at March 31, 2022: All reconciling items at March 31, 2022 cleared the bank in April. Outstanding checks at April 30, 2022 totaled $7,000. There were no deposits in transit at April 30, 2022. What is the cash balance per bank at April 30, 2022?
A) $28,500
B) $35,500
C) $29,800
D) $32,800
Correct Answer:
Verified
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