Simpsons ltd had an unadjusted bank account ledger balance at 31 may of $800 dr. the bank statement at the same date showed a balance of $1,090 cr. bank service charges for the month were $10 and outstanding cheques totaled $400. the bank statement revealed that the bank had collected dividends for the firm of $50 and a deposit of $150 is not yet recorded on the bank statement. what is the corrected bank account ledger balance at 31 may?
a. $440
b. $840
c. $990
d. $1 090
e. $800
