Erin has a balance of $1,150.34 in her check register. On her statement, the balance of her account is $844.93. Not reported on the bank statement are deposits of $125.56, $50, and $212.34. There are outstanding checks in the amount of $15 and $78.25 and an ATM withdrawal of $40. After Erin reconciles her check register with her statement, what entry does she need to make in her register?
A. adjusting entry of $101.76
B. adjusting entry of -$101.76
C. adjusting entry of $50.76
D. adjusting entry of -$50.76
Answer: D
Mathematics
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