The Following Information Is Needed to Reconcile the Cash Balance

question 6

Multiple Choice

The following information is needed to reconcile the cash balance for Johnson Catering Services. * A deposit of $5,800 is in transit.
* Outstanding checks total $1,000.
* The book balance is $6,000 at February 28, 2017.
* The bookkeeper recorded a $1,600 check as $17,100 in payment of the current month's rent.
* The bank balance at February 28, 2017 was $17,720.
* A deposit of $500 was credited by the bank for $5,000.
* A customer's check for $3,400 was returned for nonsufficient funds.
* The bank service charge is $80.
What was the adjusted book balance?

• A) $18,100
• B) $18,020
• C) $18,180
• D) $17,800

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Definitions:

Mood Swings

are rapid and often extreme fluctuations in one's emotional state without a clear reason.

Depressive Episode

A period characterized by symptoms of depression, such as profound sadness, lack of energy, changes in sleep and appetite, and loss of interest or pleasure in activities.

Suicide

Suicide is the act of intentionally causing one's own death, often resulting from despair or mental health conditions.

Recovery

The process of returning to a normal state of health, mind, or strength after experiencing illness, injury, or addiction.