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The Bank Statement for Tetra Company Contained the Following Items

Question 117

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

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