Question
Brockton Carpet Cleaning prepares a bank reconciliation at the end of every month. At the end of July, the balance in the general ledger checking
Brockton Carpet Cleaning prepares a bank reconciliation at the end of every month. At the end of July, the balance in the general ledger checking account was $2,890 and the bank balance on the bank statement was $3,050. Outstanding checks totaled $750 and deposits in transited were $470. The bank statement revealed that a check written for $190 was incorrectly recorded by Brockton as a $290 disbursement. The bank statement listed service charges and NSF check charges totaling $220. The corrected cash balance is: Multiple Choice $2.340. $2,620. $2,770. $2,540
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