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Alvin Electronics is in the process of reconciling its bank account for the month of November. The following Information is available: Balance per bank
Alvin Electronics is in the process of reconciling its bank account for the month of November. The following Information is available: Balance per bank statement Balance per book Outstanding checks Deposits outstanding Interest earned on bank balance $8,325 6,877 2,400 1,215 35 A customer's $240 note receivable was collected by the bank. A collection fee of $12 was deducted by the bank and the difference deposited in Alvin's bank account. What would be the adjusted cash balance at the end of November? O $7,368 O $9,510 O $6,912 O $7,140
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