The accounting records and bank statement of Jeff's Seashell Store provide the following information at theend of April. The closing 'Cash' account balance was $29875. The bank statement shows a closing balance of$25000. On the last day of the month, cash receipts of $2500 were deposited into the bank account, but havenot been recorded by the bank. Two payments made to suppliers totally $125 have also not been recorded bythe bank. Interest of $1500 was charged during the month by the bank. It has been identified an error occurredwith the recording of a $1350 cash sale in the business accounts, that should have been $350. What is the endingreconciled cash balance?A.None of the other answers
B.30,250
C.24,875
D.26,375
E.27,375
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