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Accounting adjusted bank balance Based on the following information, the adjusted bank balance is $20,200 $18,500 + $3,300 - $1,600). $18,500 Balance per the bank

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Based on the following information, the adjusted bank balance is $20,200 $18,500 + $3,300 - $1,600). $18,500 Balance per the bank statement Balance per the books 21,700 Deposit in transit 3,3001 Bank service charge 500 NSF check returned 1,000 Outstanding checks 1,600 This answer is correct The correct answer is $23,400 ($21,700 + $3,300 - $1,600) The correct answer is $17,000 ($18,500 - $500 - $1,000) The correct answer is $20,000 ($18,500 + $500 + $1,000)

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