Multiple Choice
Carla Company's cash balance at the end of the month was $6,500. After comparing the company's records with the monthly bank statement, Carla's accountant identified the following reconciling items: outstanding checks, $800; deposits in transit, $700; bank service charge, $30; NSF check, $500. What is the adjusted book balance?
A) $6,600
B) $5,970
C) $6,370
D) The adjusted book balance cannot be determined from this information.
Correct Answer:
Verified
Correct Answer:
Verified
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