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The bank statement for Tetra Company contained the following items: a bank service charge of $110; a credit memo for interest earned, $115; and a
The bank statement for Tetra Company contained the following items: a bank service charge of $110; a credit memo for interest earned, $115; and a $250 NSF check from a customer. The company had outstanding checks of $600 and a deposit in transit of $1,300.
Assuming that the unadjusted bank balance was $2,600, what is the unadjusted book balance?
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$3,300
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$2,355
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$3,545
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$3,900
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