A company received a bank statement with a balance of $5,350.Reconciling items included a bookkeeper error of $200 (a $300 check recorded as $500),two outstanding checks totaling $720,a service charge of $15,a deposit in transit of $180,and interest revenue of $21.What is the adjusted bank balance?
A) $4,636
B) $4,610
C) $5,016
D) $4,810

Question

Quizplus · Accepted Answer

D) Calculations: $5,350 - $720 + $180 = 4,810

A Company Received a Bank Statement with a Balance of $5,350.Reconciling