Multiple Choice
The bank statement balance is $6,450 and shows a service charge of $30, interest earned of $25, and a NSF check for $475. Deposits in transit total $1,850; outstanding checks are $1,125. What is the adjusted bank balance?
A) $5,725
B) $5,970
C) $7,175
D) $7,655
Correct Answer:
Verified
Correct Answer:
Verified
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