Rodgers company gathered the following reconciling information in preparing its may bank reconciliation. calculate the adjusted cash balance per books on may 31. cash balance per books, 5/31 $5,400 deposits in transit 375 notes receivable and interest collected by bank 650 bank charge for check printing 40 outstanding checks 2,400 nsf check 140.

$5,870

Explanation:

Adjusted cash balance per books on May 31:

Cash balance per books                                            $5,400

Deposits in transit                                                           $375

Bank charge for check printing                                     ($40)

NSF check                                                                        $140  

Adjusted cash balance                                               $5,870

answer/// real gdp decreases to y3 and the price level falls to p3;