Pensacola Inc. exchanged old equipment for new equipment in two exchange transactions. Each transaction has commercial substance. Old Equipment Cash
Book Value Fair Value Received
Equipment A $74,000 $81,300 $11,300
Equipment B $ 61,600 $54,800 $10,300
For Equipment B, Pensacola would record a gain/(loss) of:
a. $5,300
b. $(6,800)
c. $(7,800)
d. none of these answer choices are correct

The following information is needed to reconcile the cash balance for gourmet catering services.* a deposit of $5,600 is in transit.* outstanding checks total $1,000.* the book balance is $6,400 at february 28, 2019.* the bookkeeper recorded a $1,800 check as $17,200 in payment of the current month's rent.* the bank balance at february 28, 2019 was $17,410.* a deposit of $400 was credited by the bank for $4,000.* a customer's check for $3,300 was returned for nonsufficient funds.* the bank service charge is $90.what was the adjusted book balance?