Multiple Choice
The following information is available for Jade Company for the month ending June 30, 2017. * Balance as per the bank statement is $12,000.
* Balance as per books is $10,100.
* Check #506 for $1,100 and check #510 for $700 were not shown on the June 30, bank statement.
* A deposit in transit of $1,833 had not been received by the bank when the bank statement was generated.
* A bank debit memo indicated an NSF check for $80 written by Jane Smith to Jade Company on June 13.
* A bank credit memo indicated a note collected by the bank of $2,000 and interest revenue of $53 on June 20.
* The bank statement indicated service charges of $40.
What is the adjusted book balance?
A) $12,073
B) $12,033
C) $8,353
D) $8,300
Correct Answer:

Verified
Correct Answer:
Verified
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