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?

Question

Mathematics

Raymond Paul

4 April, 12:50

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?

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Answers (1)

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Evans · Answer 1

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