The following information is available for​ Ellen's Fashions, Inc. for the current month.   Book balance end of month $6,900 Outstanding checks 675 Deposits in transit 4,500 Service charges 105 Interest revenue 50   What is the adjusted book balance on the bank​ reconciliation?         A. $6,845   B. $7,520   C. $10,570   D. $6745

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
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Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 7EA: Using the following information, prepare a bank reconciliation. Bank balance: $3,678 Book balance:...
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The following information is available for​ Ellen's Fashions, Inc. for the current month.
 
Book balance end of month
$6,900
Outstanding checks
675
Deposits in transit
4,500
Service charges
105
Interest revenue
50
 
What is the adjusted book balance on the bank​ reconciliation?
 
 
 
 
A.
$6,845
 
B.
$7,520
 
C.
$10,570
 
D.
$6745
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