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The Following Information Is Available for Ellen's Fashions Company for the Current

question 55

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The following information is available for Ellen's Fashions Company for the current month.  Book balance end of month $7,000 Outstanding checks 725 Deposits in transit 4,000 Service charges 80 Interest revenue 45\begin{array} { | l | r | } \hline \text { Book balance end of month } & \$ 7,000 \\\hline \text { Outstanding checks } & 725 \\\hline \text { Deposits in transit } & 4,000 \\\hline \text { Service charges } & 80 \\\hline \text { Interest revenue } & 45 \\\hline\end{array} What is the adjusted book balance on the bank reconciliation?


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