The Following Information Is Available for Jack's Unlimited Company for the Current

Multiple Choice

The following information is available for Jack's Unlimited Company for the current month. $$\begin{array} { | l | l | } \hline \text { Book balance end of the month } & \$ 7100 \\\hline \text { Outstanding cheques } & 700 \\\hline \text { Deposits in transit } & 4000 \\\hline \text { Service charges } & 95 \\\hline \text { Interest revenue } & 35 \\\hline\end{array}$$ What is the adjusted book balance on the bank reconciliation?

A) $10,270
B) $7040
C) $7740
D) $6970