The ending bank statement balance for Khareef Salalah Company at November 30 is RO 7,070. The bank statement shows a service charge of RO 95 a noted collected of RO 800 and a NSF check for RO 350. Deposits in transit total RO 2,050 and outstanding checks are RO 1,835 . The balance per books at November 30 RO 5,930. What is the adjusted book balance at November 30 ? A. RO 7,280 B.None of the options are correct C. RO 7.425 D. RO 6,145 E. RO 6.285

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A:

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A:

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Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.