The bank statement of jade co. shows a balance of $4,555 as of december 31. the following reconciling items were identified: i) deposit not recorded on bank statement, $50. ii) total outstanding checks, $105. iii) check of $100 returned because of not sufficient funds (nsf).what is the adjusted balance according to the bank statement? a. $4,400.b. $4,810.c. $4,605.d. $4,500.

d. $4,500.

Explanation:

Reconciling transactions identified;

i) Deposit not recorded on bank statement, $50 - This will be added to the bank balance.

ii) Total outstanding checks, $105 - This will be deducted from the bank balance

iii) Check of $100 returned because of not sufficient funds (NSF) - This is a check not honoured by the bank and as such the adjustment will be required in the books . No action is required for the bank.

Therefore, bank adjusted balance as at 31 December

                                                              Amount in $

Bank balance                                          4,555

Deposit not recorded                                  50

Total outstanding checks                        (105)

Adjusted bank balance                           4,500  

Option d.        

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%

i think the answer is a. science center.