The ending bank statement balance at November 30 is $ 6 comma 750. The bank statement shows a service charge of $ 85 , electronic funds receipts of $500, and a NSF check for $350. Deposits in transit total $ 2 comma 150 and outstanding checks are $ 1 comma 135. The balance per books at November 30 is $ 7 comma 700. What is the adjusted bank balance at November 30?

Question

Roy Stanton

Business

2 April, 06:02

The ending bank statement balance at November 30 is $ 6 comma 750. The bank statement shows a service charge of $ 85 , electronic funds receipts of $500, and a NSF check for $350. Deposits in transit total $ 2 comma 150 and outstanding checks are $ 1 comma 135. The balance per books at November 30 is $ 7 comma 700. What is the adjusted bank balance at November 30?

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Answers (1)

Know the Answer?

Russell · Answer 1

Adjusted Balance as on 30th November = $7765

Explanation:

given data

Balance statement bank = $6750

service charge = $85

electronic funds = $500

NSF = $350

Deposits = $2150

outstanding checks = $1135

balance as per books = $7700

to find out

adjusted bank balance

solution

we het here Adjusted Balance as on 30th November that is express as

Adjusted Balance as on 30th November = Balance as per bank + deposit in transit - outstanding checks ... 1

put her value

Adjusted Balance as on 30th November = $6750 + $2150 - $1135

Adjusted Balance as on 30th November = $7765