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On December 15, You Received Your Bank Statement Showing a Balance

Question 68

Multiple Choice

On December 15, you received your bank statement showing a balance of $2,263.28. Your checkbook shows a balance of $2,434.44. Outstanding checks are $215.50 and $358.10. The account earned $78.51. Deposits in transit amount to $805.27, and there is a service charge of $18.00. Calculate the reconciled balance.


A) $2,484.85
B) $2,494.95
C) $874.85
D) $1,222.29

Correct Answer:

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