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5 April, 18:20

The ending bank statement balance at November 30 is $ 6 comma 750. The bank statement shows a service charge of $ 85 , electronic funds receipts of $500, and a NSF check for $350. Deposits in transit total $ 2 comma 150 and outstanding checks are $ 1 comma 135. The balance per books at November 30 is $ 7 comma 700. What is the adjusted bank balance at November 30?

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  1. 5 April, 21:42
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    Adjusted Balance as on 30th November = $7765

    Explanation:

    given data

    Balance statement bank = $6750

    service charge = $85

    electronic funds = $500

    NSF = $350

    Deposits = $2150

    outstanding checks = $1135

    balance as per books = $7700

    to find out

    adjusted bank balance

    solution

    we het here Adjusted Balance as on 30th November that is express as

    Adjusted Balance as on 30th November = Balance as per bank + deposit in transit - outstanding checks ... 1

    put her value

    Adjusted Balance as on 30th November = $6750 + $2150 - $1135

    Adjusted Balance as on 30th November = $7765
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