A company received a bank statement with a balance of $6,200
Reconciling items included a bookkeeper error of $400-a $400 check recorded as $500-two outstanding checks totaling $840, a service charge of $24, a deposit in transit of $260, and interest revenue of $19. What is the adjusted bank balance?
A) $5,563
B) $5,220
C) $5,115
D) $5,620
D .Adjusted bank balance = $6,200 - $840 + $260 = $5,620
Business
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