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The Following Data Were Gathered to Use in Reconciling the Bank

Question 49

Multiple Choice

The following data were gathered to use in reconciling the bank account of Savannah Company:?  Balance per bank $16,750 Balance per company records 16,125 Bank service charges 80 Deposit in transit 2,195 NSF check 950 Outstanding checks 3,850\begin{array} { | l | r | } \hline \text { Balance per bank } & \$ 16,750 \\\hline \text { Balance per company records } & 16,125 \\\hline \text { Bank service charges } & 80 \\\hline \text { Deposit in transit } & 2,195 \\\hline \text { NSF check } & 950 \\\hline \text { Outstanding checks } & 3,850 \\\hline\end{array} What is the adjusted balance on the bank reconciliation?


A) $14,470
B) $10,705
C) $15,095
D) $15,720

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