Marjorie Company's cash balance per the books at the end of the month was $8,600. After...

Marjorie Company's cash balance per the books at the end of the month was $8,600. After comparing the company's records with the monthly bank statement, Marjorie's accountant identified the following reconciling items: outstanding checks, $800; deposits in transit, $700; bank service charge, $10; and NSF check, $200. The bank collection of a note receivable was $1,000 plus interest of $100. There also was an EFT payment of $160. What is the adjusted book balance at the end of the month?

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ekkarill92 answered 2 years ago

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