Multiple Choice
The bank statement for Tetra Company contained the following items: a bank service charge of $60; a credit memo for interest earned, $65; and a $150 NSF check from a customer. The company had outstanding checks of $350 and a deposit in transit of $800. Assuming that the unadjusted bank balance was $1,600, what is the unadjusted book balance?
A) $2,050
B) $1,455
C) $2,195
D) $2,400
Correct Answer:

Verified
Correct Answer:
Verified
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