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A Company Received a Bank Statement with a Balance of $6300.Reconciling

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A company received a bank statement with a balance of $6300.Reconciling items included a bookkeeper error of $300-a $300 cheque recorded as $500-two outstanding cheques totalling $800,a service charge of $22,a deposit in transit of $250 and interest revenue of $19.What is the adjusted bank balance?

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Definitions:

Human Insulin

A form of insulin identical to that produced by humans, used in the management of diabetes through injection or infusion.

Genetic Engineering

Process by which an individual’s genome is altered deliberately, in order to change its phenotype.

Chronological

Pertains to the arrangement of events or actions in the order of their occurrence in time.

Comparative Advantages

The ability of an individual or group to carry out a particular economic activity more efficiently than another entity.

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