22 On November 30, Cactus Company's cash balance per its general ledger is $7,844. The bank's cash balance perthe November 30 bank statement is $5,942. The following information is gathered from the bank statement andcompany records:Checks outstanding$1,325Deposits outstanding$3,238Interest earned on bank account $36Service fee25What is the company's correct ending balance of cash on November 30, per the reconciliation?Multiple ChoiceO $5,953$4,029O $7,855$9,757

We will have to make a bank reconciliation statement here. This statement reconciles a company’s…

On November 30, Cactus Company's cash balance per its general ledger is $7,844. The bank's cash balance per the November 30 bank statement is $5,942. The following information is gathered from the bank statement and company records: Checks outstanding Deposits outstanding Interest earned on bank account IS Service fee What is the company's correct ending balance of cash on November 30, per the reconciliation? 1,325 3,238 36 25