(Answered) Question - in the process of reconciling its bank statement

Accounting

Question - In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information:

Cash balance per company books on January 30	$4,725
Deposits in transit at month-end	$1,800
Outstanding checks at month-end	$520
Bank service charges	$25
EFT automatically paid monthly, not yet recorded by Maxi	$380
An NSF check returned on a customer account	$265

The adjusted cash balance per the books on January 31 is:

$5,855

$5,335

$4,055

$4,815

$4,585

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