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The bank statement for Tetra Company contained the following items: a bank service charge of $20, a credit memo for interest earned, $25; and a
The bank statement for Tetra Company contained the following items: a bank service charge of $20, a credit memo for interest earned, $25; and a $70 NSF check from a customer. The company had outstanding checks of $150 and a deposit in transit of $400. Assuming that the unadjusted bank balance was $800, what is the unadjusted book balance? Multiple Choice $1,050 $735 O o $1,115 O $1,200
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