A firm's bank reconciliation statement shows a book balance of $21,640, an NSF check of $800, and a service charge of $50. Its adjusted book balance is:

Name: A firm's bank reconciliation statement shows a book balance of $21,640, an NSF check of $800, and a service charge of $50. Its adjusted book balance is:
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Question

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Adjusted book balance = book balance - NSF check - service charge
Adjusted book balance = $21,640 - $800 - $50
Adjusted book balance = $20,790

A Firm's Bank Reconciliation Statement Shows a Book Balance of $21,640