Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on May 31, its Cash account shows a debit balance of $17,025. Clayborn's May bank statement shows $15,800 on deposit in the bank. Determine the adjusted cash balance using the following information: Deposit in transit$5,200 Outstanding checks$4,600 Bank service fees, not yet recorded by company$25 A NSF check from a customer, not yet recorded by the company$600 The adjusted cash balance should be:

The adjusted cash balance should be: $17,600

Explanation:

Up date the Cash Balance in the cash book as follows :

Note - Adjust on the items that exist on the bank statement but not recorded in the cash column of the cash book.

Debit :

Balance as at May 31        $17,025

NSF check                             $600

Totals                                 $17,625

Credit:

Bank service fees                   $25

Updated Cash Balance    $17,600

Totals                                 $17,625

answer; the above statement is (true);

answer: b. false

the staff is a set of five horizontal lines and four spaces which represent a different musical pitch. the lines and the spaces are numbered from bottom to top, the bottom line is the first line and the fifth line is the line on the top. the notes on the top of the staff (fifth line) have a higher pitch than a note at the bottom of the staff.