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Question - Brockton Carpet Cleaning prepares a bank reconciliation at the end of every month. At the end of July, the balance in the general ledger checking account was $2,750. Outstanding checks totaled $680 and deposits in transit were $400. The bank statement revealed that a check correctly written for $120 was incorrectly recorded by Brockton in the books as a $220 disbursement. The bank statement showed an NSF check totaling $150, interest credited to the account of $10 and a monthly service fee of $35. What was the July cash balance reported on the bank statement?
A) $2,755.
B) $2,675.
C) $2,475.
D) $2,955.
E) NOTA
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