Multiple Choice
Compute the adjusted bank balance on May 31, 2019, from the following information: Chequebook balance on May 31 $7,200
Outstanding cheques 500
NSF cheque returned 100
Deposits in transit 250
Service charges 10
Note collected by bank 250
A) $7,200
B) $7,340
C) $6,615
D) $7,560
Correct Answer:
Verified
Correct Answer:
Verified
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