Ask Question
18 August, 23:12

A month-end bank statement shows a balance of $26,000, outstanding checks are $10,000, a deposit of $2,000 was in transit at month end, and a check for $200 was erroneously charged by the bank against the account. What is the correct balance in the bank account at month end?

+5
Answers (1)
  1. 19 August, 02:18
    0
    The correct balance in the bank account at month end is $18200

    Explanation:

    $26000 - $10000 + $2000+$200=$18200
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A month-end bank statement shows a balance of $26,000, outstanding checks are $10,000, a deposit of $2,000 was in transit at month end, and ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers