Rainey Company's true cash balance at October 31 is $5030. The following information is available for the bank reconciliation:Outstanding checks, $780 Deposits in transit, $540 Bank service charges, $105 The bank had collected an account receivable for Rainey Company, $1150 The bank statement included an NSF check written by one of Rainey's customers for $690. What was the unadjusted book balance at October 31?

A. $5270
B. $5825
C. $4780
D. $4675


Answer: D

Business

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