QUESTION 25 In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information: Deposits in transit at month-end Cash balance per company books on January 30 Outstanding checks at month-end Bank service charges EFT automatically deducted monthly, not yet recorded by Maxi An NSF check returned on a customer account $ $ The adjusted cash balance per the books on January 31 is: $ SSSSSS $ 5425 $ 1940 $ 590 32 520 335 $5888 $5642 $4538 $5431 $6478

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As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.