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need answer ASAP Brockton Carpet Cleaning prepares a bank reconciliation at the end of every month. At the end of July, the balance in the
need answer ASAP
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 $2,830 and the bank balance on the bank statement was $3,020. Outstanding checks totaled $720 and deposits in transited were $440. The bank statement revealed that a check written for $160 was incorrectly recorded by Brockton as a $260 disbursement. The bank statement listed service charges and NSF check charges totaling $190. The corrected cash balance is: Multiple Choice $2,510 $2,590. $2,310 $2,740 Step by Step Solution
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