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At June 30, Almond Co.'s cash balance was $10,012 before adjustments, while its ending bank statement balance was $10,772 . Check number 101 was issued

At June 30, Almond Co.'s cash balance was

$10,012

before adjustments, while its ending bank statement balance was

$10,772

. Check number 101 was issued June 2 in the amount of

$95

, but was erroneously recorded in Almond's general ledger balance as

$59

. The check was correctly listed in the bank statement at $95. The bank statement also included a credit memo for interest earned in the amount of

$35

, and a debit memo for monthly service charges in the amount of

$50

. What was Almond's adjusted cash balance at June 30 ?\ A.

$9,598

\ B.

$9,961

\ C.

$10,048

\ D.

$10,462
image text in transcribed
At June 30 , Almond Co.'s cash balance was $10,012 before adjustments, while its ending bank statement balance was $10,772. Check number 101 was issued June 2 in the amount of $95, but was erroneously recorded in Almond's general ledger balance as $59. The check was correctly listed in the bank statement at \$95. The bank statement also included a credit memo for interest earned in the amount of $35, and a debit memo for monthly service charges in the amount of $50. What was Almond's adjusted cash balance at June 30 ? A. $9,598 B. $9,961 C. $10,048 D. $10,462

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