QUESTION 6 Find the current balance 119394 59600 60187 59013

QUESTION 6

Find the current balance.

$1193.94

$596.00

$601.87

$590.13

A.

$1193.94

B.

$596.00

C.

$601.87

D.

$590.13

Solution

Balance from bank statement =$1199.81

out standing checks (debits) =$164.00

=$351.15

=$344.77

out standing deposits ( credits) =$256.11

bank service charge =$9.04

adjustments (interest credit ) =$3.17

check register balance =$601.87

therefore current balance =$ 1199.81 -164.00 -351.15 -344.77+256.11 -9.04 +3.17

=$ 590.13

hence option D is the answer

Note check register balance is 11.74 more than current balance

QUESTION 6 Find the current balance. $1193.94 $596.00 $601.87 $590.13 A. $1193.94 B. $596.00 C. $601.87 D. $590.13 SolutionBalance from bank statement =$1199.81

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