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A company received a bank statement with a balance of​ $6,100. Reconciling items included a bookkeeper error of ​$300—a $300 check recorded as $800—two outstanding checks totaling​ $830, a service charge of​ $20, a deposit in transit of​ $250, and interest revenue of​ $21. What is the adjusted bank​ balance?         A. ​$5,220   B. ​$5,061   C. ​$5,520   D. ​$4,721

A company received a bank statement with a balance of​ $6,100. Reconciling items included a bookkeeper error of ​$300—a $300 check recorded as $800—two outstanding checks totaling​ $830, a service charge of​ $20, a deposit in transit of​ $250, and interest revenue of​ $21. What is the adjusted bank​ balance?         A. ​$5,220   B. ​$5,061   C. ​$5,520   D. ​$4,721

College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 5E
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A company received a bank statement with a balance of​ $6,100. Reconciling items included a bookkeeper error of
​$300—a $300 check recorded as $800—two outstanding checks totaling​ $830, a service charge of​ $20, a deposit in transit of​ $250, and interest revenue of​ $21. What is the adjusted bank​ balance?
 
 
 
 
A.
​$5,220
 
B.
​$5,061
 
C.
​$5,520
 
D.
​$4,721
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