Multiple Choice
At June 30, Mareska Company has the following bank information: cash balance per bank $1,800; outstanding checks $340; deposits in transit $275; credit memo for interest $75; bank service charge $10.What is Mareska's adjusted cash balance on June 30?
A) $1,735
B) $1,800
C) $1,810
D) $1,865
Correct Answer:

Verified
Correct Answer:
Verified
Q76: An effective system of internal control requires
Q77: What percentage of companies worldwide have experienced
Q78: A deposit made by a company will
Q79: Cash equivalents could include each of the
Q80: When two or more people get together
Q82: In preparing its bank reconciliation for the
Q83: On a bank reconciliation, deposits in transit
Q84: Which of the following is not one
Q85: A petty cash fund is generally established
Q86: A deposit ticket is a negotiable instrument