Marvin Gardens Received a Bank Statement Showing a Balance of $1,300

question 88

Multiple Choice

Marvin Gardens received a bank statement showing a balance of $1,300. What is the adjusted balance if there was a bookkeeper error of $150 in the depositor's favour, two outstanding cheques totalling $40, a service charge of $10, a deposit in transit of $150, and interest revenue of $26 earned by the depositor?

• A)$960
• B)$1,586
• C)$1,560
• D)$1,410

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