Thompson Corporation Gathered the Following Reconciling Information in Preparing Its

Thompson Corporation gathered the following reconciling information in preparing its October bank reconciliation: $$\begin{array} { | l | r | } \hline\text { Cash balance per bank, } 10 / 31 & \$ 17,000 \\\hline \text { Note receivable collected by bank } & 4,800 \\\hline \text { Outstanding checks } & 6,500 \\\hline \text { Deposits in transit } & 3,000 \\\hline \text { Bank service charge } & 50 \\\hline \text { NSF check } & 2,300 \\\hline\end{array}$$
Using the above information, determine the cash balance per books (before adjustments) for Thompson Corporation.

A) $11,050
B) $19,450
C) $15,950
D) $11,150

Correct Answer:

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