At April 30, Kessler Company has the following bank information: $\begin{array}{lr}
\text { Cash balance per bank } & \$ 11,500 \
\text { Outstanding checks } & \$ 700 \
\text { Deposits in transit } & \$ 1,375 \
\text { Credit memo for interest } & \$ 25 \
\text { Bank service charge } & \$ 50
\end{array}$ What is Kessler's adjusted cash balance on April 30?
A) $12,150.
B) $12,200.
C) $10,825.
D) $12,175.

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The Answer of At April 30, Kessler Company has the following bank information: $\begin{array}{lr}
\text { Cash balance per bank } & \$ 11,500 \
\text { Outstanding checks } & \$ 700 \
\text { Deposits in transit } & \$ 1,375 \
\text { Credit memo for interest } & \$ 25 \
\text { Bank service charge } & \$ 50
\end{array}$ What is Kessler's adjusted cash balance on April 30?
A) $12,150.
B) $12,200.
C) $10,825.
D) $12,175.

At April 30, Kessler Company Has the Following Bank Information