The accountant for Lola Corp was preparing a bank reconciliation as of February 28, 2016 . The following items were identified: Lola's book balance $35,900 Outstanding checks 12,050 Interest earned on checking accounts 75 Customer's NSF check returned by the bank 325 There was an error in recording a customer's check as the check was recorded by Lola as $110, but the correct amount of $101 was
recorded by the bank. Lola's adjusted cash balance at February 28, 2016 is
a. $23,591
b. $35,641
c. $35,659
d. $47,691
b
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