Multiple Choice
A company received a bank statement with a balance of $6,100.Reconciling items included a bookkeeper error of $400-a $400 check recorded as $800-two outstanding checks totaling $810,a service charge of $24,a deposit in transit of $270,and interest revenue of $21.What is the adjusted bank balance?
A) $5,205
B) $5,160
C) $4,757
D) $5,560
Correct Answer:

Verified
Correct Answer:
Verified
Q248: Which is the most liquid form of
Q249: Journal entries that arise from reconciling items
Q250: Which of the following is NOT a
Q251: Cash equivalents are included in the calculation
Q252: The cash ratios of four companies
Q254: The bank's routing number _.<br>A) contains 10
Q255: For the following situation,state whether it represents
Q256: A petty cash fund was established with
Q257: Under the gross method,when the credit card
Q258: Which of the following would be included