The ending bank statement balance at november 30 is $ 6 comma 750. the bank statement shows a service charge of $ 85, electronic funds receipts of $500, and a nsf check for $350. deposits in transit total $ 2 comma 150 and outstanding checks are $ 1 comma 135. the balance per books at november 30 is $ 7 comma 700. what is the adjusted bank balance at november 30?

Adjusted Balance as on 30th November =  $7765

Explanation:

given data

Balance statement bank = $6750

service charge = $85

electronic funds = $500

NSF = $350

Deposits = $2150

outstanding checks = $1135

balance as per books = $7700

to find out

adjusted bank balance

solution

we het here Adjusted Balance as on 30th November that is express as

Adjusted Balance as on 30th November = Balance as per bank + deposit in transit  - outstanding checks   1

put her value

Adjusted Balance as on 30th November =  $6750 + $2150 - $1135

Adjusted Balance as on 30th November =  $7765    

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