Question
The following information is available for Andersen Company for the month ending June 30, 2014. * Balance per the bank statement is $10,241.43. * Balance
The following information is available for Andersen Company for the month ending June 30, 2014.
* Balance per the bank statement is $10,241.43.
* Balance per books is $9,745.06.
* Check #506 for $1,948.52 and check #510 for $1,800.25 were not shown on the June 30 bank statement.
* A deposit in transit of $5,113.40 had not been received by the bank when the bank statement was generated.
* A bank debit memo indicated an NSF check in the amount of $79 written by Bruce Garrett to Andersen Company on June 13.
* A bank credit memo indicated a note collected by the bank of $1,900 and interest revenue of $75 on June 20.
* The bank statement indicated service charges of $35.
What is the adjusted book balance?
A.
$11,606.06
B.
$11,109.69
C.
$7,884.06
D.
$7,971.29
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