Marjorie Company's cash balance per the books at the end of the month was $9000. After comparing the company's records with the monthly bank statement, Marjorie's accountant identified the following reconciling items: outstanding checks, $800; deposits in transit, $700; bank service charge, $30; and NSF check, $100. The bank collection of a note receivable was $1100 plus interest of $180. There also was an EFT payment of $150. What is the adjusted book balance at the end of the month?

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The Answer of Marjorie Company's cash balance per the books at the end of the month was $9000. After comparing the company's records with the monthly bank statement, Marjorie's accountant identified the following reconciling items: outstanding checks, $800; deposits in transit, $700; bank service charge, $30; and NSF check, $100. The bank collection of a note receivable was $1100 plus interest of $180. There also was an EFT payment of $150. What is the adjusted book balance at the end of the month?

Marjorie Company's Cash Balance Per the Books at the End