A Company Received a Bank Statement with a Balance of $5,350.Reconciling

question 38

Multiple Choice

A company received a bank statement with a balance of $5,350.Reconciling items included a bookkeeper error of $200 (a $300 check recorded as $500) ,two outstanding checks totaling $720,a service charge of $15,a deposit in transit of $180,and interest revenue of $21.What is the adjusted bank balance?

• A) $4,636
• B) $4,610
• C) $5,016
• D) $4,810