Reference no: EM132688812

The items listed below were identified while preparing a bank reconciliation for the checking account of Microsoft Corporation as of March 31, 2012.

Microsoft's balance according to the general ledger         16800
Bank statement balance                                             $18,500
Outstanding checks                                                    2,700
A customer's NSF check returned by the bank                      350
Bank service charges                                                        100
Deposits in transit                                                          1,000
Interest earned on the checking account                                 60

Problem 1: Determine the amount of the balance per Microsoft's records before adjustment