Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The April 3 0 bank statement for Trimble Corporation shows an ending balance of $ 3 6 , 5 1 0 . The unadjusted cash

The April
3
0
bank statement for Trimble Corporation shows an ending balance of $
3
6
,
5
1
0
.
The unadjusted cash account balance was $
3
0
,
3
5
0
.
The accountant for Trimble gathered the following information: There was a deposit in transit for $
4
,
6
5
4
.
The bank statement reports a service charge of $
8
9
.
A credit memo included in the bank statement shows interest earned of $
3
7
5
.
Outstanding checks totaled $
1
1
,
9
9
8
.
The bank statement included a $
1
,
4
7
0
NSF check deposited in April. What is the true cash balance as of April
3
0
?
Multiple Choice $
2
7
,
6
9
6
$
2
9
,
1
6
6
$
3
3
,
8
2
0
$
3
3
,
4
4
5***This question already posted and got correct answer. Don't answer this question If you answer i will give 10 dislikes.****

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Equity Asset Valuation

Authors: Jerald E Pinto, CFA Institute

3rd Edition

1119850517, 978-1119850519

Students also viewed these Accounting questions