The following data were taken from a firms bank reconciliation statement: book balance, $7,910; deposit in transit,

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The following data were taken from a firm’s bank reconciliation statement: book balance, $7,910; deposit in transit, $150; NSF check from a customer, $200; outstanding checks, $5,000; bank service charge, $10. Its adjusted book balance is:
a. $7,720.
b. $8,120.
c. $7,700.
d. $8,100.

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College Accounting A Contemporary Approach

ISBN: 9781260780352

5th Edition

Authors: David Haddock, John Price, Michael Farina

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