Biology Forums - Study Force

The following information is available for Jade Company for the month ending June 30, 2017.

*Balance as per the bank statement is $12,000.
*Balance as per books is $10,100.
*Check #506 for $1,100 and check #510 for $700 were not shown on the June 30, bank statement.
*A deposit in transit of $1,833 had not been received by the bank when the bank statement was generated.
*A bank debit memo indicated an NSF check for $80 written by Jane Smith to Jade Company on June 13.
*A bank credit memo indicated a note collected by the bank of $2,000 and interest revenue of $53 on June 20.
*The bank statement indicated service charges of $40.

What is the adjusted book balance?
A) $12,073
B) $12,033
C) $8,353
D) $8,300

Content hidden

Marking this solved, moving on to the next...