Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a company received a bank statement with a balance

A company received a bank statement with a balance of $ 6 comma 100. Reconciling...

50.1K

Verified Solution

Question

Accounting

A company received a bank statement with a balance of $ 6 comma 100. Reconciling items included a bookkeeper error of $ 400long dasha $ 400 check recorded as $ 600long dashtwo outstanding checks totaling $ 800, a service charge of $ 22, a deposit in transit of $ 280, and interest revenue of $ 19. What is the adjusted bank balance?

A.

$4,977

B.

$5,421

C.

$5,180

D.

$ 5 580

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Psychology
1.2K views

Describe your relationship in terms of Knapp’s Stages of Coming Together/Apart. How did you move from...

Physics
1.2K views

What is the maximum kinetic energy of an electron emitted in the beta decay of a...

Geometry
1.2K views

esson Posttest Question 2 Points 3 A triangle with vertices 1 1 2 5 and...

Basic Math
1.2K views

A principal of 2800 is invested at 6 25 interest compounded annually How much will...

Basic Math
1.2K views

Let n A 4 and n AUB 6 a What are the possible values of...

Statistics
1.2K views

A boy owns 1 pairs of pants 5 shirts 8 ties and 6 jackets How...

Accounting
1.2K views

shares of the stock for $12 per share. On May 2, the company issued an...

Accounting
1.2K views

Specific Motors, an upstart U.S. car company, has one outstanding bond issue worth $40 billion....

Accounting
1.2K views

A retailer has yearly sales of $650,000. Inventory on January 1 is $260,000(at cost)....

Accounting
1.2K views

Inventory Valuation: AgroCo operates several farms that produce a variety of agricultural products, including corn....

Accounting
1.2K views

Create your own dream business or find from publicly available sources (Manufacturing business). Prepare master...

Accounting
1.2K views

Problem 14-15 (Algo) Comprehensive Ratio Analysis [LO14-2, LO14-3, LO14-4, LO14-5, LO14-6] [The following information applies...