The following data were gathered to use in reconciling the bank account of Savannah Company:
$\begin{array}{|l|r|}
\hline \text { Balance per bank } & \$ 16,750 \
\hline \text { Balance per company records } & 16,125 \
\hline \text { Bank service charges } & 80 \
\hline \text { Deposit in transit } & 2,195 \
\hline \text { NSF check } & 950 \
\hline \text { Outstanding checks } & 3,850\
\hline
\end{array}$
What is the adjusted balance on the bank reconciliation?

Question

The following data were gathered to use in reconciling the bank account of Savannah Company:
 $\begin{array}{|l|r|}
\hline \text { Balance per bank } & \$ 16,750 \
\hline \text { Balance per company records } & 16,125 \
\hline \text { Bank service charges } & 80 \
\hline \text { Deposit in transit } & 2,195 \
\hline \text { NSF check } & 950 \
\hline \text { Outstanding checks } & 3,850\
\hline
\end{array}$ 
What is the adjusted balance on the bank reconciliation?

Quizplus · Accepted Answer

The Answer of The following data were gathered to use in reconciling the bank account of Savannah Company:
 $\begin{array}{|l|r|}
\hline \text { Balance per bank } & \$ 16,750 \
\hline \text { Balance per company records } & 16,125 \
\hline \text { Bank service charges } & 80 \
\hline \text { Deposit in transit } & 2,195 \
\hline \text { NSF check } & 950 \
\hline \text { Outstanding checks } & 3,850\
\hline
\end{array}$ 
What is the adjusted balance on the bank reconciliation?

The Following Data Were Gathered to Use in Reconciling the Bank