The Ending Bank Statement Balance at November 30 Is $6,750

question 148

Multiple Choice

The ending bank statement balance at November 30 is $6,750.The bank statement shows a service charge of $95,electronic funds receipts of $500 and a NSF check for $350.Deposits in transit total $2,050 and outstanding checks are $1,835.The balance per books at November 30 is $6,910.What is the adjusted book balance at November 30?

• A)$6,750
• B)$6,805
• C)$6,965
• D)$7,105

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Definitions:

Negligence

A failure to behave with the level of care that someone of ordinary prudence would have exercised under the same circumstances, often leading to harm or damage.

Breached

The act of failing to fulfill the terms of a contract, agreement, or duty.

Tortfeasor

A person who commits an intentional or through-negligence tort that causes a harm or loss for which a civil remedy may be sought.

Fraudulent Misrepresentation

A false statement of fact made by one party to another, with the intention of inducing the latter into entering a contract, resulting in harm or loss.