A Company Received a Bank Statement with a Balance of $5

Multiple Choice

A company received a bank statement with a balance of $5 350. Reconciling items included a bookkeeper error of $200 (a $300 cheque recorded as $500) , two outstanding cheques totalling $720, a service charge of $15, a deposit in transit of $180, and interest revenue of $21. What is the adjusted bank balance?

A) $4 810
B) $4 636
C) $4 610
D) $5 016