The April 30 bank statement for Trimble Corporation shows an ending balance of $34,351. The unadjusted cash
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Question:
The April 30 bank statement for Trimble Corporation shows an ending balance of $34,351. The unadjusted cash account balance was $28,250. The accountant for Trimble gathered the following information:
- There was a deposit in transit for $4,240.
- The bank statement reports a service charge of $39.
- A credit memo included in the bank statement shows interest earned of $95.
- Outstanding checks totaled $10,935.
- The bank statement included a $650 NSF check deposited in April.
What is the true cash balance as of April 30?
Related Book For
Financial accounting
ISBN: 978-0132751124
9th edition
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
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