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The Ending Bank Statement Balance at November 30 Is $7550

Question 93

Multiple Choice

The ending bank statement balance at November 30 is $7550. The bank statement shows a service charge of $75, electronic funds receipts of $500, and a NSF check for $350. Deposits in transit total $2550 and outstanding checks are $1735. The balance per books at November 30 is $8290. What is the adjusted bank balance at November 30?


A) $7550
B) $7625
C) $8365
D) $9105

Correct Answer:

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