In preparing its bank reconciliation for the month of April 2010, Henke, Inc. has available the following information.
Balance per bank statement, 4/30/10 $39,140
NSF check returned with 4/30/10 bank statement 450
Deposits in transit, 4/30/10 5,000
Outstanding checks, 4/30/10 5,200
Bank service charges for April 20
What should be the correct balance of cash at April 30, 2010?
a. $39,370
b. $38,940
c. $38,490
d. $38,470