ABC Co.'s December 31 bank statement indicated a cash balance of $9,610, while the cash ledger account on that date shows a balance of $7,430. Additional information necessary for the reconciliation is shown below:

Outstanding checks totaled $2,417. - A $500 check mailed to the bank for deposit had not reached the bank at the statement date. - The bank statement showed $30 interest earned on the bank balance for the month of July. Check 781 for supplies cleared the bank for $268 but was erroneously recorded in our books as $240. - A $486 deposit by Acme Company was mistakenly credited to our account by the bank.

Which transactions should be adjusted in ABC Co.'s accounting system?

Ltfen birini sein:

a. interest and recording error

b. bank error and interest

c. deposit in transit and interest

d. deposit in transit and recording error