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On December 10, You Receive Your Bank Statement Showing a Balance

Question 40

Multiple Choice

On December 10, you receive your bank statement showing a balance of $2,979.94. Your checkbook shows a balance of $2,778.88. Outstanding checks are $381.83 and $171.57. The account earned $126.83. Deposits in transit amount to $472.17, and there is a service charge of $7.00. Calculate the reconciled balance


A) $2,697.65
B) $3,099.77
C) $201.06
D) $2,898.71

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