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Owen Company's unadjusted book balance at June 30 is $12,920. The company's bank statement reveals bank service charges of $100. Two cred memos are included
Owen Company's unadjusted book balance at June 30 is $12,920. The company's bank statement reveals bank service charges of $100. Two cred memos are included in the bank statement: one for $1,330, which represents a collection that the bank made for Owen, and one for $160, which represents the amount of interest that Owen had earned on its interest-bearing account in June. Based on this information, Owen's true cash balan Multiple Choice $12.920 $14.310 $14,090 $14,510
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