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What is the corrected balance at the end of the month

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Question - The month end bank statement shows a balance of $80,000.00. Outstanding cheques total $16,000.00, a deposit of $4,000.00 is in transit at month-end, and a check for $800.00 was erroneously charged against the account by the bank. What is the corrected balance at the end of the month?

a) 68,800.00

b) 67,200.00

c) 91,200.00

d) 92,800.00

Reference no: EM133010752

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