The following information is needed to reconcile the cash balance for Johnson Ca

Question

The following information is needed to reconcile the cash balance for Johnson Catering Services. A deposit of $5,800 is in transit Outstanding checks total $1,100 The book balance is $6,000 at February 28, 2017 The bookkeeper recorded a $1.700 check as $17,300 in payment of the current month's rent The bank balance at February 28, 2017 was $17,230 A deposit of $400 was credited by the bank for $4,000. A austomer's check for $3,200 was retuned for nonsuficient funds The bank service charge is $70 What was the adjusted book balanoe? OA. $17300 O B. $18,470 O C. $18,330 O D. $18,400 Cick to select your answer MacBook Air 2 3 4 9

Explanation / Answer

Unadjusted book balance 6,000 Add: Error in recording rent check(17300-1700) 15600 21,600 less: NSF 3,200 Bank service charge 70 3,270 Adjusted book balance 18,330 answer -option c $18,330

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