Moore Company has a checkbook balance of $1,999.10. The bank statement indicated a balance of $1,981.54. Moore noticed on his bank statement a bounced check for $52.88 along with a service charge of $12.10. Interest earned on the checking account amounted to $33.81. Moore noticed that a deposit of $350 had not been recorded on the bank statement. Checks written for $363.61 had not yet been processed by the bank. What is the adjusted reconciled balance?

Question

Quizplus · Accepted Answer

$1,981.54 + $350 - $363.61 = $1,967.93; $1,999.10 - $12.10 + $33.81 - $52.88 = $1,967.93

Moore Company Has a Checkbook Balance of $1,999