In Reconciling a Bank Statement,the Bank Statement Balance Is $1,000

question 97

Multiple Choice

In reconciling a bank statement,the bank statement balance is $1,000 and the balance per books is $1,205.A bank service charge is $15; a deposit in transit totals $500,and outstanding checks total $300.The adjusted book balance is

• A) $1,490.
• B) $1,205.
• C) $1,190.
• D) $1,505.

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