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Banking. Nebo Ltd. received the May Bank Statement from Walton Bank which showed an opening balance of $205.735.00, an electronic funds transfer of $897.35, an
Banking. Nebo Ltd. received the May Bank Statement from Walton Bank which showed an opening balance of $205.735.00, an electronic funds transfer of $897.35, an automatic payment of $627.00, a service charge of $12.00. and a NSF for $23.75. The accountant of the corporation noticed that there are two deposits in transit resulting ai total of $10,710.00, and five outstanding cheques resulting a total of $9.231.50. Complete the reconciliation process and determine the final balance if Nebo Ltd. has $207.213.50 on the book. a. 5204,256.50 b. $208,692.00 c. $207,448.10 d. 5205,969.60
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