A Company's Cash Ledger Shows an Ending Balance of $4,000

question 160

Multiple Choice

A company's cash ledger shows an ending balance of $4,000. Reconciling items included a bookkeeper error of $100 (a $500 check recorded as $600) , two outstanding checks totaling $820, a service charge of $25, a deposit in transit of $280, and interest revenue of $31. What is the adjusted book balance?

• A)$3,894
• B)$3,460
• C)$4,106
• D)$4,540

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