Multiple Choice
The following information is available for Andersen Company for the month ending June 30,2014
. • Balance per the bank statement is $10,241.43.
• Balance per books is $9,745.06.
• Check #506 for $1,948.52 and check #510 for $1,800.25 were not shown on the June 30 bank statement.
• A deposit in transit of $5,113.40 had not been received by the bank when the bank statement was generated.
• A bank debit memo indicated an NSF check in the amount of $79 written by Bruce Garrett to Andersen Company on June 13.
• A bank credit memo indicated a note collected by the bank of $1,900 and interest revenue of $75 on June 20.
• The bank statement indicated service charges of $35.
-What is the adjusted bank balance?
A) $8,876.80
B) $11,606.06
C) $19,103.60
D) $8,152.43
Correct Answer:

Verified
Correct Answer:
Verified
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