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Can someone explain me this? The following information is available for Juno Company for the month ending June 30, 2019. .Balance as per the bank
Can someone explain me this?
The following information is available for Juno Company for the month ending June 30, 2019. .Balance as per the bank statement is $11,500 Balance as per books is $10,300. Check #506 for $1,400 and check #510 for $900 were not shown on the June 30, bank statement. A deposit in transit of $3,218 had not been received by the bank when the bank statement was generated. A bank debit memo indicated an NSF check for $100 written by Jane Smith to Juno Company on June 13. A bank credit memo indicated a note collected by the bank of $2,200 and interest revenue of $53 on June 20. The bank statement indicated service charges of $35. What is the adjusted book balance? OA. $8,053 O B. $8,000 O C. $12,418 O D. $12,453Step by Step Solution
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