The April 30 bank statement for Trimble Corporation shows an ending balance of $35,192. The unadjusted cash account balance was $29,150. The accountant for Trimble gathered the following information:There was a deposit in transit for $4,406.The bank statement reports a service charge of $59.A credit memo included in the bank statement shows interest earned of $215.Outstanding checks totaled $11,362.The bank statement included a $1,070 NSF check deposited in April.What is the true cash balance as of April 30?
A) $27,166
B) $28,236
C) $32,427
D) $32,642
Correct Answer:
Verified
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