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 30 bank statement for Trimble Corporation shows an ending balance of $36,510. The unadjusted cash account balance was $30,350. The accountant for Trimble gathered the following information:
There was a deposit in transit for $4,654.
The bank statement reports a service charge of $89.
A credit memo included in the bank statement shows interest earned of $375.
Outstanding checks totaled $11,998.
The bank statement included a $1,470 NSF check deposited in April.
What is the true cash balance as of April 30?
Multiple Choice
$27,696
$29,166
$33,820
$33,445

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

Students also viewed these Accounting questions

Question

please dont use chat gpt 1 5 4 . ( FMECA )

Answered: 1 week ago