On September 30, the Bank Statement of Fine Company Showed

Multiple Choice

On September 30, the bank statement of Fine Company showed a balance of $7,800. The following information was revealed by comparing the bank statement to the cash balance in Fine's accounting records: (1) deposits in transit amounted to $3,150
(2) outstanding checks amounted to $6,200
(3) a $550 check was incorrectly drawn on Fine's account
(4) NSF checks returned by the bank were $750
(5) bank service charge was $29
(6) credit memo for $75 for the collection of one of the company's account receivable
Based on the above information, the true cash balance was:

A) $5,346.
B) $5,300.
C) $4,596.
D) $7,096.