Question: Alexander Corp received its bank statement dated March 3 1 showing a balance of $ 1 , 6 5 2 . The following discrepancies between

Alexander Corp received its bank statement dated March 31 showing a balance of $1,652. The following discrepancies between the bank statement and its cash book were noted: A deposit of $135 made on March 31 was credited by the bank on April 1. Checks outstanding as of March 31 were: #135, $609.70; #137, $25.00; #141, $33.00; #146, $52.00. Interest for the month credited by the bank to its account amounted to $5.20, but no entry had been made in the Cash Book. The bank's debit for a new printed checkbook amounting to $4.00 was not entered in the Cash Book. Check #143 for $78.50 issued March 12 was recorded in the Cash Book as $87.50. The Cash book showed total receipts of $718.60 and total disbursements of $475.30 for the month of March. Use the information above to answer the question which follows. What was the Cash Book Balance on March 1? Select the single best answer: A. $798.40. B. $813.80. C. $1176.70. D. $1890.80

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