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What adjusted book balance on december would be

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Problem 1: The cash account of Q8 First Security Inc. reported a balance of KD 2,800 at December 31, 2019. there were outstanding checks totaling KD 800 and a December 31 deposit in transit of KD 1,000. The bank statement from Q8 First Bank listed the balance of KD 3,080. Included in the bank statement a collection of KD 500 on account from Xsystems a customer of Q8 First Security inc. The bank statement also shows a KD 20 service charge. The adjusted book balance on December 31, 2019 would be

Select one:

a. KD 2,800
b. KD 3,300
c. KD 3,280
d. KD 3,080

Reference no: EM132778420

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