A Company Received a Bank Statement Showing a Balance of $75,100

question 57

Multiple Choice

A company received a bank statement showing a balance of $75,100. Reconciling items included outstanding checks of $2,250, and a deposit in transit of $9,500. What is the company's adjusted bank balance?

• A)$63,350
• B)$67,850
• C)$82,350
• D)$65,600