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21) The following information is available for Ellen's Fashions, Inc. for the current month. Book balance end of month $7,100 Outstanding checks 700 Deposits in
21) The following information is available for Ellen's Fashions, Inc. for the current month. Book balance end of month $7,100 Outstanding checks 700 Deposits in transit 4,000 Service charges 100 Interest revenue 50 What is the adjusted book balance on the bank reconciliation? A) $10,250 B) $7,750 C) $6,950 D) $7,050 Answer: D A. $10,250 B. $7,750 C. $6,950 D. $7,050
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Modern Advanced Accounting In Canada
Authors: Hilton Murray, Herauf Darrell
7th Edition
1259066487, 978-1259066481
