The bank statement for Jonzac Inc. showed a balance of $900, and the checkbook balance indicated $1,420. The total amount of outstanding cheques is $35. A $5 cheque printing charge and a $50 NSF were reported on the bank statement. There was a $500 deposit in transit. What is the reconciled balance? a. $1,040 O b. $1,365 c. $1,045 O d. $1,095

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phacollege.ddns.net C
The bank statement for Jonzac Inc.
showed a balance of $900, and the
checkbook balance indicated $1,420. The
total amount of outstanding cheques is
$35. A $5 cheque printing charge and a
$50 NSF were reported on the bank
statement. There was a $500 deposit in
transit. What is the reconciled balance?
a. $1,040
O b. $1,365
O c. $1,045
O d. $1,095
II
Transcribed Image Text:AA Not Secure phacollege.ddns.net C The bank statement for Jonzac Inc. showed a balance of $900, and the checkbook balance indicated $1,420. The total amount of outstanding cheques is $35. A $5 cheque printing charge and a $50 NSF were reported on the bank statement. There was a $500 deposit in transit. What is the reconciled balance? a. $1,040 O b. $1,365 O c. $1,045 O d. $1,095 II
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