On November 30,2012,Chee Company's bank statement showed an ending balance of $16,841.The following information is available about Chee's account:
1.Debit memo in bank statement for bank service charge,$39
2.Deposit in transit,$1,988
3.Outstanding checks,$2,156
4.Customer's NSF check for $723 was returned with the bank statement
Required:
a)Determine the true cash balance as of November 30,2012
b)Determine the unadjusted balance of the company's Cash account as of November 30,2012.
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