A review of the bank statement and accounting records of the Blake Company revealed the following items:Item no.Description1)Three outstanding checks2)A debit memo showing a bank service charge3)A deposit in transit4)An NSF check written by one of Blake's customers5)A certified check written by Blake6)A credit memo reflecting interest revenue earned by BlakeWhich of the item(s) would be subtracted from the company's unadjusted book balance to determine the true cash balance?

A. Item numbers 2, 4, and 5
B. Item numbers 1, 2, 4, and 5
C. Item numbers 1 and 4
D. Item numbers 2 and 4


Answer: D

Business

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