Practice, Question 16 x Your answer is incorrect. Try again. If the month-end bank statement shows a balance of $50,000, outstanding cheques are $35,000, a deposit of $7,500 was in transit at month-end, and a cheque for $1,600 was erroneously charged by the bank against the account, the correct balance in the bank account at month-end is O $94,100. $20,900. $24,100 $9,100. O O LINK TO TEXT Question Attempts: 1 of 2 used