Question

The ending bank statement balance at November 30 is​ $7,070. The bank statement shows a service charge of​ $95, electronic funds receipts of​ $800 and a NSF check for​ $350. Deposits in transit total​ $2,050 and outstanding checks are​ $1,835. The balance per books at November 30 is​ $6,930. What is the adjusted book balance at November​ 30?

Answer 1

Answer:

The adjusted book balance at November​ 30 is $7285.

Step-by-step explanation:

The Adjusted book balance at November​ 30 =

Ending bank statement balance + Deposits in transit - outstanding checks

7,070+2,050-1,835 = 7285