A bank reconciliation begins with book cash of $18,700. Add deposits in transit of $4,900 and subtract outstanding checks of $6,200. What adjusted cash is shown?
Correct Answer
C) $17,400.
Adjusted cash is $18,700 + $4,900 - $6,200 = $17,400.
Why This Is the Correct Answer
Adjusted cash is $18,700 + $4,900 - $6,200 = $17,400.
Why the Other Options Are Wrong
Option A: $16,100.
$16,100. is below the supported result for bank reconciliation calculation; it likely uses the wrong base, period, or account bucket.
Option B: $17,000.
$17,000. is below the supported result for bank reconciliation calculation; it likely uses the wrong base, period, or account bucket.
Option D: $29,800.
$29,800. is above the supported result for bank reconciliation calculation; it likely adds an unsupported amount or compares the wrong financial base.
Memory Technique
Bank drawer for Checking Contractor'S: label adjusted before counting dollars.
Reference Hint
Study anchor (closed-book): memorize Bank reconciliation calculation from CSLB Law and Business Study Guide; CSLB 2026 Law Book / CSLB Law and Business Study Guide Business Finances; know the rule or calculation trigger without relying on exam-room lookup.
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