A bank reconciliation revealed bank charges of $11, outstanding checks of $221, and NSF checks of $90. The journal entry to cause the company records to match the correct adjusted ending cash balance includes:

Credit cash for a total of $90

Credit cash for a total of 101

Credit cash for a total of 322

Credit cash for a total of 11

None of the above

None of the above

Explanation:

because checks were issued therefore bank should be credited not cash.

entry of bank charges will be: Dr bank charges $11

                                                          Cr   bank                  $11

Entry of Outstanding check is: Dr Account payable     $221

                                                             Cr         Bank              $221

but to correct balance entry will be adjusted to:Dr Bank    221

                                                                               Cr       Account payable 221.

Entry of 90$:  Dr Account Payable $90

                                                        Cr     Bank     $90

but when we realize to know about NSF we adjust entry to

                         Dr Bank $90

                                      Account payable  $90

Correct balance =221+90-11=$300 for the period.

you had the wrong answer