The following information is needed to reconcile the cash balance for Baker's Dry Cleaning, Inc. * A deposit of $5,600 is in transit.
* Outstanding checks total $1,200.
* The book balance is $6,400 at February 28, 2017.
* The bookkeeper recorded a $1,800 check as $17,300 in payment of the current month's rent.
* The bank balance at February 28, 2017 was $16,130.
* A deposit of $200 was credited by the bank for $2,000.
* A customer's check for $3,100 was returned for nonsufficient funds.
* The bank service charge is $70.
What was the adjusted book balance?
A) $18,800
B) $16,200
C) $18,730
D) $18,870

Question

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The Answer of The following information is needed to reconcile the cash balance for Baker's Dry Cleaning, Inc. * A deposit of $5,600 is in transit.
* Outstanding checks total $1,200.
* The book balance is $6,400 at February 28, 2017.
* The bookkeeper recorded a $1,800 check as $17,300 in payment of the current month's rent.
* The bank balance at February 28, 2017 was $16,130.
* A deposit of $200 was credited by the bank for $2,000.
* A customer's check for $3,100 was returned for nonsufficient funds.
* The bank service charge is $70.
What was the adjusted book balance?
A) $18,800
B) $16,200
C) $18,730
D) $18,870

The Following Information Is Needed to Reconcile the Cash Balance