A company's cash ledger shows an ending balance of $5,000.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 book balance?

Question

Quizplus · Accepted Answer

C) Calculations: $5,000 + $200 - $15 + $21 = $5,206

A Company's Cash Ledger Shows an Ending Balance of $5,000