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What is the amount of cash on the balance sheet?

The amount of cash related to a particular bank checking account that is shown on the balance sheet at December 31 is:

A. The cash balance shown on the bank's records at the close of business on December 31.

B. The cash balance shown in the company's general ledger account for this checking account at the close of business on December 31.

C. The cash balance shown in the general ledger account for this checking account as of the close of business on December 31, after recognizing any outstanding checks and/or deposits in transit from the December 31 bank account reconciliation.

D. The cash balance shown in the general ledger account for this checking account as of the close of business on December 31, after recognizing any bank service charges and/or interest income from the December 31 bank account reconciliation.

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