Owens company unadjusted book balance at June 30 is $10,220. the company's bank statement reveals bank service charges at $65. two credit memos are included in the bank statement : one for $1,050, which represents a collection that the bank made for Owen, and one cor $90, which represents the amount of interest that owen had earned on its interest bearing account in june. what is the true cash balance?

A) 10,220

b) 11,295

c) 11,425

d) 11,180

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