The following information is available for Juno Company for the month ending June 30, 2019.
* Balance as per the bank statement is $11,500.
* Balance as per books is $10,300.
* Check #506 for $1,400 and check #510 for $900 were not shown on the June 30, bank
statement.
* A deposit in transit of $3,218 had not been received by the bank when the bank statement
was generated.
* A bank debit memo indicated an NSF check for $100 written by Jane Smith to Juno
Company on June 13.
* A bank credit memo indicated a note collected by the bank of $2,200 and interest revenue of
$53 on June 20.
* The bank statement indicated service charges of $35.
What is the adjusted book balance?
A) $12,453
B) $12,418
C) $8,053
D) $8,000
B) $12,418
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