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The April 30, 2009 bank statement for Bravo Company shows an ending balance of $34,451. The unadjusted cash account balance on the books was $28,350.
The April 30, 2009 bank statement for Bravo Company shows an ending balance of $34,451. The unadjusted cash account balance on the books was $28,350. The accountant gathered the following information: - There was a deposit in transit for $4,240 - The bank statement reports a service charge of $39 - A credit memo included in the bank statement shows interest earned of $95 - Outstanding checks totaled $10,935 - The bank statement included a $650 check deposited in April that was returned NSF. What is the true cash balance as of April 30, 2009? a. $27,106 b. $27,756 c. $31,901 d. $31,996
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