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Margarita [4]
3 years ago
11

The following information is available for Juno Company for the month ending June​ 30, 2019. ​* Balance as per the bank statemen

t is $ 11 comma 500. ​* Balance as per books is $ 10 comma 200. ​* Check​ #506 for $ 1 comma 400 and check​ #510 for $ 700 were not shown on the June​ 30, bank statement. ​* A deposit in transit of $ 2 comma 815 had not been received by the bank when the bank statement was generated. ​* A bank debit memo indicated an NSF check for $ 100 written by Jane Smith to Juno Company on June 13. ​* A bank credit memo indicated a note collected by the bank of $ 2 comma 100 and interest revenue of $ 50 on June 20. ​* The bank statement indicated service charges of $ 35. What is the adjusted book​ balance?
Business
1 answer:
attashe74 [19]3 years ago
3 0

Answer:

$12,215

Explanation:

The computation of the adjusted book balance is shown below:  

Balance as per books = $10,200

Add: Note collected by bank $2,100

Add; Interest revenue $50

Less:

Service charges -$35

NSF check - $100

Adjusted book balance = $12,215

We simply added and deducted the items so that the adjusted book balance could arrive

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Doubtful account

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