TB MC Qu. 06-72 On September 30 the bank statement of... On September 30 the bank statement of Fine Company showed a balance of $10,850. The following information was revealed by comparing the bank statement to the cash balance in Fine's accounting records: Deposits in transit amounted to $4,515 Outstanding checks amounted to $8.330 A $690 check was incorrectly drawn on Fine's account NSF checks returned by the bank were $1,070 The bank service charge was $39 Credit memo for $145 for the collection of one of the company's account receivable What is the true cash balance? Multiple Choice What is the true cash balance