Jim Lee received his bank statement from Bayne Bank indicating a balance of $7,980. Lee's checkbook showed a balance of $6,800. Jim noticed that checks outstanding were $1,330. The bank statement also revealed an NSF check for $120 and a service charge of $30. The reconciled balance is:
A) $6,560
B) $6,530
C) $6,950
D) $6,650
E) None of these
Correct Answer:
Verified
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