The following information is needed to reconcile the cash balance for Discount Dry Cleaning, Inc. A deposit of $5,800 is in transit. Outstanding checks total $1,200 *The book balance is $6,000 at February 28, 2025 .. The bookkeeper recorded a $1,500 check as $17,300 in payment of the current month's rent *The bank balance at February 28, 2025 was $18,610 A deposit of $500 was credited by the bank for $5,000 A customer's check for $3,000 was returned for nonsufficient funds *The bank service charge is $90. What was the adjusted book balance? OA. $18,710 OB. $18,700 OC. $18,800 OD. $18.890

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Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.