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What is the net adjustment to the general ledger

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Reference no: EM132170185

Question - At month-end, Edwards Inc. has outstanding checks of $779, deposits in transit of $367, service charges from the bank of $55, interest income of $18, a check returned to the bank in the amount of $338 and an error on its books that, when corrected, decreases cash by $19. What is the net adjustment to the general ledger as a result of the bank reconciliation?

A. A credit to cash of $394

B. A debit to cash of $282

C. A credit to cash of $412

D. A credit to cash of $375

Reference no: EM132170185

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