Multiple Choice
At March 31,Cummins Co.had an unadjusted balance in its cash account of $10,400.At the end of March,the company determined that it had outstanding checks of $900,deposits in transit of $600,a bank service charge of $20,and an NSF check from a customer for $200.What is the true cash balance at March 31?
A) $10,100
B) $10,180
C) $10,380
D) $9,880
Correct Answer:

Verified
Correct Answer:
Verified
Q48: Internal controls designed to evaluate performance and
Q49: [The following information applies to the questions
Q50: The Securities and Exchange Commission is authorized
Q51: Which of the following is not one
Q52: Which of the following statements is true
Q54: Typical adjustments to the unadjusted book balance
Q55: Which of the following is not a
Q56: While performing its monthly bank reconciliation,the bookkeeper
Q57: Chester Company has established internal control policies
Q58: A business learns about customers' NSF checks