if the month-end bank statement shows a balance of $36,000, outstanding checks are $10,000, a deposit of $4,000 was in transit at month end, and a check for $600 was erroneously charged by the bank against the account, the adjusted bank statement ending balance should be:

Adjusted bank balance amount  = $30600

Explanation:

Computation table;

Particular                                       Amount

Bank balance                                $36,000,

Less : Outstanding checks           $10,000

                                                      $26,000

Add: deposit end of month          $4,000

Add : Bank charged                      $600        

Adjusted bank balance amount   $30,600

answer; /// i believe the correct answer is first in, first out(fifo); //