The April 30 bank statement for Trimble Corporation shows an ending balance of $39,603. The unadjusted cash account balance was $33,150. The accountant for Trimble gathered the following information:1) There was a deposit in transit for $5232. 2) The bank statement reports a service charge of $159. 3) A credit memo included in the bank statement shows interest earned of $735. 4) Outstanding checks totaled $13,479. 5) The bank statement included a $2370 NSF check deposited in April. What is the true cash balance as of April 30?
A. $36,588
B. $28,986
C. $31,356
D. $35,853
Answer: C
Business
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