The Candy Place received a bank statement showing a balance of $5,350. What is the adjusted balance if there was a bookkeeper error of $200 in the depositor's favour, two outstanding cheques totalling $720, a service charge of $15, a deposit in transit of $165, and interest revenue of $21 earned by the depositor?
A) $4,795
B) $4,995
C) $5,016
D) $4,601
Correct Answer:
Verified
Q68: In a bank reconciliation, a $400 NSF
Q69: Park Place received a bank statement showing
Q70: The following data are available for
Q71: Marvin Gardens received a bank statement showing
Q72: Which of the following items used to
Q74: A bank reconciliation:
A)should be prepared by an
Q75: The bank statement lists a $700 deposit
Q76: The following data are available for
Q77: The Calder Company received a bank statement
Q78: A cheque for the cash purchase of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents