The following data are available for Matheson Avenue Retailers for April: $$\begin{array} { | l | r | }
\hline \text { Book balance, April } 30 & \$ 1,400 \
\hline \text { Service charges } & 20 \
\hline \text { Interest revenue } & 800 \
\hline \text { Note collected by bank } & 1,000 \
\hline \text { Cheque returned marked NSF } & 300 \
\hline
\end{array}$$ What is Matheson's adjusted book balance on April 30 from the above data?
A)$1,580
B)$2,880
C)$2,080
D)$1,380

Question

The following data are available for Matheson Avenue Retailers for April: $$\begin{array} { | l | r | } 
\hline \text { Book balance, April } 30 & \$ 1,400 \
\hline \text { Service charges } & 20 \
\hline \text { Interest revenue } & 800 \
\hline \text { Note collected by bank } & 1,000 \
\hline \text { Cheque returned marked NSF } & 300 \
\hline
\end{array}$$ What is Matheson's adjusted book balance on April 30 from the above data?
A)$1,580
B)$2,880
C)$2,080
D)$1,380

Quizplus · Accepted Answer

The Answer of The following data are available for Matheson Avenue Retailers for April: $$\begin{array} { | l | r | } 
\hline \text { Book balance, April } 30 & \$ 1,400 \
\hline \text { Service charges } & 20 \
\hline \text { Interest revenue } & 800 \
\hline \text { Note collected by bank } & 1,000 \
\hline \text { Cheque returned marked NSF } & 300 \
\hline
\end{array}$$ What is Matheson's adjusted book balance on April 30 from the above data?
A)$1,580
B)$2,880
C)$2,080
D)$1,380

The Following Data Are Available for Matheson Avenue Retailers for April