The accounting records of Golden Company showed cash of $15,250 at June 30.The balance per the bank statement at June 30 was $15,125.The only reconciling items were deposits in transit of $3,200,outstanding checks totaling $4,100,an NSF check for $1,000 returned by the bank which Golden had not yet charged back to the customer,and a bank service charge of $25.The preparation of the bank reconciliation should indicate that Golden's adjusted cash balance at June 30 is:

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The Answer of The accounting records of Golden Company showed cash of $15,250 at June 30.The balance per the bank statement at June 30 was $15,125.The only reconciling items were deposits in transit of $3,200,outstanding checks totaling $4,100,an NSF check for $1,000 returned by the bank which Golden had not yet charged back to the customer,and a bank service charge of $25.The preparation of the bank reconciliation should indicate that Golden's adjusted cash balance at June 30 is:

The Accounting Records of Golden Company Showed Cash of $15,250