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The Ending Bank Statement Balance at November 30 Is $7,150

Question 122

Multiple Choice

The ending bank statement balance at November 30 is $7,150.The bank statement shows a service charge of $65,electronic funds receipts of $500,and a NSF check for $350.Deposits in transit total $2,550 and outstanding checks are $1,735.The balance per books at November 30 is $7,880.What is the adjusted bank balance at November 30?


A) $7,150
B) $7,235
C) $7,965
D) $8,695

Correct Answer:

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