Multiple Choice
Olde Shoppe has the following information at August 31: • Two deposits made on August 31 were not on the bank statement,totaling $5,300.
• The bank collected an EFT payment on a note receivable for $2,750.Of this amount,$150 represented interest on the note.
• August 31 balance in Cash was $11,677.
• The bookkeeper forgot to record check #1578 for $843 which was cashed by the bank on August 15th.
• The balance on the bank statement as of August 31 was $10,500.
• A check printing fee of $40 was shown on the bank statement.NSF check $100. What is the adjusted book balance at August 31?
A) $11,667
B) $13,444
C) $13,584
D) $14,427
Correct Answer:

Verified
Correct Answer:
Verified
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