A company received a bank statement showing a balance of $62 300. Reconciling items were outstanding cheques of $1 450 and a deposit in transit of $8 500. What is the company's adjusted bank balance?
A)$60 850
B)$69 350
C)$72 250
D)$70 850

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The Answer of A company received a bank statement showing a balance of $62 300. Reconciling items were outstanding cheques of $1 450 and a deposit in transit of $8 500. What is the company's adjusted bank balance?
A)$60 850
B)$69 350
C)$72 250
D)$70 850

A Company Received a Bank Statement Showing a Balance of $62