Multiple Choice
A company received a bank statement showing a balance of $79,000. Reconciling items included outstanding checks of $2,300 and a deposit in transit of $9,400. What is the company's adjusted bank balance?
A) $67,300
B) $71,900
C) $86,100
D) $69,600
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q74: When a check is issued,the party who
Q81: An information system is one of the
Q82: In a good internal control system,which of
Q90: A petty cash fund was established with
Q99: A company received a bank statement with
Q116: Which of the following items would require
Q147: Which of the following is a requirement
Q159: The Sarbanes-Oxley Act requires all private companies
Q187: Which of the following statements regarding a
Q218: The primary reason that businesses keep their