Conan Company has the following bank items: The adjusted bank balance should be
A)$25,000
B)$25,025
C)$25,400
D)$25,425

Question

Conan Company has the following bank items:  The adjusted bank balance should be
A)$25,000 
B)$25,025 
C)$25,400 
D)$25,425

Quizplus · Accepted Answer

The bank balance is found in the given bank item and it is $25,000. The additional numbers and letters in the bank item are likely reference or tracking numbers and do not affect the balance. Therefore, the adjusted bank balance is also $25,000. However, choice B is the closest option to the actual bank balance, which could potentially be affected by small transactions not included in the given bank item.

Conan Company Has the Following Bank Items: the Adjusted