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Required information The following information applies to the questions displayed below. On November 30, Hernandez Company's bank statement showed an ending balance of $37,461 .
Required information The following information applies to the questions displayed below. On November 30, Hernandez Company's bank statement showed an ending balance of $37,461 . The following information is available about Hernandez's account: 1. Debit memo in bank statement for bank service charge , $87 2. Deposit in transit , $ 3,108 3. Outstanding checks , $3,396 4. Customer's NSF check for $ 843 was returned with the bank statement Required : a ) Determine the true cash balance as of November 30 . cash balance
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