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 120 Interest revenue 35 What is the adjusted book balance on the bank reconciliation?

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 120 Interest revenue 35 What is the adjusted book balance on the bank reconciliation?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

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	120
Interest revenue	35

What is the adjusted book balance on the bank reconciliation?

$7,490

$6,745

$6,815

$10,570

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