From Your Hotel's Most Recent Bank Statement, You Note That

From your hotel's most recent bank statement, you note that there are two cheque payments that your hotel made to suppliers a week ago for $110 and $140 that have yet to clear the bank account. The bank statement has recorded $13 of interest earned on the account and this has yet to be recorded in your hotel's accounting system. If the bank statement is recording a closing credit balance of $3,480, what should be the pre-reconciliation balance recorded in your hotel's double entry book keeping system with respect to money held at bank?

A) Credit balance of $3,217.
B) Debit balance of $3,217.
C) Credit balance of $3,243.
D) Debit balance of $3,243.
E) None of the above.

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