The april 30 2009 bank statement for bravo company shows an

Reference no: EM13575159

The April 30, 2009 bank statement for Bravo Company shows an ending balance of $34,451. The unadjusted cash account balance on the books was $28,350. The accountant 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 check deposited in April that was returned NSF.

What is the true cash balance as of April 30, 2009?
a. $27,106
b. $27,756
c. $31,901
d. $31,996

Reference no: EM13575159

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