A company received a bank statement with a balance of $6,100. Reconciling items included a bookkeeper error of $400-a $400 check recorded as $800-two outstanding checks totaling $810, a service charge of $24, a deposit in transit of $270, and interest revenue of $21. What is the adjusted bank balance?

Question

Business

Dallas Craig

19 September, 16:56

A company received a bank statement with a balance of $6,100. Reconciling items included a bookkeeper error of $400-a $400 check recorded as $800-two outstanding checks totaling $810, a service charge of $24, a deposit in transit of $270, and interest revenue of $21. What is the adjusted bank balance?

+4

Answers (1)

Know the Answer?

Lainey Lopez · Answer 1

adjusted bank balance = $5205

Explanation:

given data

Bank balance as per bank statement = $6100

Deposit in transit = $270

Bank Service Charge = $24

Interest revenue = $21

Outstanding Checks = $810

Error made by book keeper = $400

to find out

adjusted bank balance

solution

we get here adjusted bank balance that is express as here

adjusted bank balance = Bank balance as per bank statement + Deposit in transit + Bank Service Charge + Interest revenue - Outstanding Checks - Error made by book keeper ... 1

put here value we get

adjusted bank balance = $6100 + $270 + $24 + $21 - $810 - $400

adjusted bank balance = $5205