Flynn and Associates Had an Unadjusted Bank Account Ledger Balance

Multiple Choice

Flynn and Associates had an unadjusted bank account ledger balance at 30 November of $3552 Dr. The bank statement at the same date showed a balance of $3460 Cr. Bank service charges for the month were $22 and outstanding cheques totalled $630. The bank statement revealed that the bank had collected dividends for the firm of $450 and a deposit of $1150 is not yet recorded on the statement. What is the corrected bank account ledger balance at 30 November?

A) $3 530
B) $3 460
C) $3 980
D) $4 130