Multiple Choice
If the month-end bank statement shows a balance of $58000 outstanding checks are $15000 a deposit of $7000 was in transit at month end and a check for $600 was erroneously charged by the bank against the account the correct balance in the bank account at month end is
A) $49400.
B) $50000.
C) $50600.
D) $65400.
Correct Answer:
Verified
Correct Answer:
Verified
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