Your checkbook balance at the end of May is $1,041.52. When you receive May's bank statement, you discover the following additional items: Bank fees, $27.00; Interest earned, $16.35
Your adjusted checkbook balance after considering these items is
A) $1030.87.
B) $1052.17.
C) $950.04.
D) $997.65.
Answer: A
Explanation: A)
Checkbook balance $1,041
Add: Interest $163
Deduct: Bank fees $271
Adjusted Balance $933
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