Banking. Liam's chequing account had a balance of $3,500.00 on September 1st. After reviewing his September bank statement, he noticed there were a NSF for $45.00, a service charge of $9.95, and a note collected for $850.00. If there were two deposits in transit - one is $450.00 and one is $980.00, what is the reconciled chequebook balance on September 30th? a. $5,725.05 b. $4,025.05 c. $4,295.05 d. $4,930.00

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Banking. Liam's chequing account had a balance of
$3,500.00 on September 1st. After reviewing his
September bank statement, he noticed there were a
NSF for $45.00, a service charge of $9.95, and a note
collected for $850.00. If there were two deposits in
transit - one is $450.00 and one is $980.00, what is
the reconciled chequebook balance on September
30th?
a. $5,725.05
b. $4,025.05
c. $4,295.05
d. $4,930.00
Transcribed Image Text:Banking. Liam's chequing account had a balance of $3,500.00 on September 1st. After reviewing his September bank statement, he noticed there were a NSF for $45.00, a service charge of $9.95, and a note collected for $850.00. If there were two deposits in transit - one is $450.00 and one is $980.00, what is the reconciled chequebook balance on September 30th? a. $5,725.05 b. $4,025.05 c. $4,295.05 d. $4,930.00
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