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If the month-end bank statement shows a balance of $51,000, outstanding cheques are $14,000, a deposit of $3,000 was in transit at month end, and
If the month-end bank statement shows a balance of $51,000, outstanding cheques are $14,000, a deposit of $3,000 was in transit at month end, and the bank incorrectly recorded a deposit of $1,800 as $1,000, the correct adjusted bank balance at month end is:
Question 6 options:
| $51,000 |
| $28,800 |
| $14,800 |
| $40,800 |
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