The bank statement of July 31 for Walgreens showed a balance of $6,008.10, and the checkbook showed a balance of $1,900.40. The bookkeeper o

Question

The bank statement of July 31 for Walgreens showed a balance of $6,008.10, and the checkbook showed a balance of $1,900.40. The bookkeeper of Walgreens noticed from the bank statement that the bank had collected a note for $666.66. There was a deposit in transit made on July 1 for $1,100.10 along with the outstanding checks of $4,580.54. Check charges were $39.40. What’s the reconciled balance? A. $2,572.66 B. $2,527.66 C. $5,272.66 D. $5,227.66

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Kinsley 2 weeks 2021-09-13T11:09:51+00:00 1 Answer 0

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  1. Ava
    0
    2021-09-13T11:10:54+00:00

    Answer:

    The correct option is B

    Step-by-step explanation:

    We will consider the following things and figures.

    The bank statement of July 31 for Walgreens showed a balance of $6,008.10

    There was a deposit in transit made on July 1 for $1,100.10 along with the outstanding checks of $4,580.54.

    =$6,008.10-$4,580.54+$1,100.10

    =$1,427.56+$1,100.10

    =$2,527.66

    Thus the correct option is B….

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