Answer:
Adjusted cash balance = $18650
Explanation:
given data
Debit balance = 19,525
May bank statement deposit = $17,800
Deposit in transit = $5,950
Outstanding checks = $5,100
bank service fees not recorded = $50
NSF check not yet recorded = $825
to find out
adjusted cash balance
solution
Adjusted cash balance will be here
Adjusted cash balance = Debit balance - bank service fees not recorded - NSF check not recorded
Adjusted cash balance = 19525 - 50 - 825
Adjusted cash balance = $18650
and
adjusted book balance = Balance as per pass book + deposit in transit - outstanding checks
adjusted book balance = 17800 + 5950 - 5100
adjusted book balance = $18650