On September 4, You Received Your Bank Statement Showing a Balance

Multiple Choice

On September 4, you received your bank statement showing a balance of $1,253.18. Your checkbook shows a balance of $1,424.34. Outstanding checks are $115.50 and $258.10. The account earned $68.51. Deposits in transit amount to $605.27, and there is a service charge of $8.00. Calculate the reconciled balance.

A) $1,484.85
B) $1,416.34
C) $879.58
D) $1,253.18