Problem:
"ABC" Company deposits all of its cash receipts and makes all payments by using check. The following information is available from the company's cash records: MARCH 31 BANK RECONCILIATION Balance per bank $240,714 Deposits in transit$18,900 Outstanding checks$34,200 The month of April Results • Balance April 30 • April deposits per bankis 251955 and per books is 259695 • April checks per bankis 97056 and per books is 125001 • April note collected (not included in April deposits) per bankis 27000 • April bank service charge per bank is 315 • April NSF check of a customer returned by the bank 8100 Based on the above-given information, answer the following questions: • What is the April 30 adjusted cash balance?