At june 30, yaddof company has the following bank information: cash balance per bank $3,600; outstanding checks $680; deposits in transit $500; credit memo for interest $150; bank service charge $20. what is yaddof adjusted cash balance on june 30?

Yaddof Adjusted Cash Balance is $3,290

Explanation: Bank reconciliation of Yaddof Company as at 30th June

Balance per Bank                                          $3,600

Less:Outstanding Checks                             ($680)  

Add: Deposit in transit                                  $500

Less: Credit Memo for Interest                    ($150)          

Add: Bank Service Charge                            $20        

Adjusted Cash Balance                               $3,290

answer; i believe both technician (a) and (b) are correct; /// good luck

answer; post closing trial balance;