The April 30 bank statement for Trimble Corporation shows an ending balance of $35,851. The unadjusted cash account balance was $29,750. The accountant for Trimble gathered the following information: 1. There was a deposit in transit for $4530. 2. The bank statement reports a service charge of $74. 3. A credit memo included in the bank statement shows interest earned of $295. 4. Outstanding checks totaled $11,680. 5. The bank statement included a $1270 NSF check deposited in April. What is the true cash balance as of April 30?
A. $33,231
B. $32,936
C. $28,701
D. $27,431
Answer: C
Business
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