A company received a bank statement with a balance of $ 6 comma 100. Reconciling...
50.1K
Verified Solution
Link Copied!
Question
Accounting
A company received a bank statement with a balance of $ 6 comma 100. Reconciling items included a bookkeeper error of $ 400long dasha $ 400 check recorded as $ 600long dashtwo outstanding checks totaling $ 800, a service charge of $ 22, a deposit in transit of $ 280, and interest revenue of $ 19. What is the adjusted bank balance?
A.
$4,977
B.
$5,421
C.
$5,180
D.
$ 5 580
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!