Homework Answers
| Bank Reconciliation Statement | |||
| Balance as per Bank statement | $1190 | Balance as per books | $900 |
| Add: Deposit in transit | 270 | Add: Dividend collected | 80 |
| 1460 | 980 | ||
| Less: Outstanding checks | 500 | Less: Service charge | 20 |
| Corrected balance | $960 | Corrected balance | $960 |
So, the answer is option B) $960
NOTE:- For any problem regarding the answer please ask in the comment section.
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