At March 31, Cummins Company had an unadjusted balance in its cash account of $11,300. At the end of March, the company determined that it had outstanding checks of $1,290, deposits in transit of $780, a bank service charge of $50, and a NSF check from a customer for $230. What is the true cash balance at March 31?
A) $10,790
B) $11,020
C) $11,300
D) $10,420
Correct Answer:
Verified
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