if-a-bank-statement-shows-a-balance-of-10000-with-deposits-in-transit-of-2000-an

Question

If a bank statement shows a balance of $$10,000, with deposits in transit of 2$$,000 and outstanding checks of $1,500, what is the adjusted bank balance?

Accepted Answer

$10,500

Answer

$11,500

Answer

$12,000

Answer

$8,500

If a bank statement shows a balance of \$10,000, with deposits in transit of \$2,000 and outstanding checks of \$1,500, what is the adjusted bank balance?