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The April 30,2016 Bank Statement for Trimble Corporation Shows an Ending

Question 63

Multiple Choice

The April 30,2016 bank statement for Trimble Corporation shows an ending balance of $34,351.The unadjusted cash account balance was $28,250.The accountant for Trimble gathered the following information:
1) There was a deposit in transit for $4,240
2) The bank statement reports a service charge of $39
3) A credit memo included in the bank statement shows interest earned of $95
4) Outstanding checks totaled $10,935
5) The bank statement included a $650 NSF check deposited in April
What is the true cash balance as of April 30,2016?


A) $27,656
B) $27,006
C) $31,801
D) $31,896

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