Question

The May bank statement for Accounting Services shows a balance of $6,300, but the balance per books shows a cash balance of $7,980. Other information includes the following:
A check for $200 to pay the electric bill was recorded on the books as $20.
Included on the bank statement was a note collected by the bank for $400 plus interest of $30.
Checks outstanding totaled $260.
Bank service charges were $50.
Deposits in transit were $2,140.

The adjusted cash balance at the end of August should be
A. $9,810.
B. $7,620.
C. $7,980.
D. $8,180.

Answer 1

I'd like to help, but I'm doing an exam right now. Sorry.

Answer 2

oh ok

Answer 3

@cram

Answer 4

a

Answer 5

thanks

Answer 6

thank you .... ill always give a medal

Answer 7

thanks