Linetech Company's Bank Statement Showed an Ending Balance of $8,000

Multiple Choice

Linetech Company's bank statement showed an ending balance of $8,000. Items appearing in the bank reconciliation included: outstanding checks, $500; deposits in transit, $1,000; bank service charges, $50; and Driver Company's $250 check erroneously deducted from Linetech's bank account by the bank. How much is the correct cash balance at the end of the month?

A) $10,600.
B) $8,750.
C) $8,500.
D) $8,250.