The bank statement for Tetra Company contained the following items: a bank service charge of $95; a credit memo for interest earned, $100; and a $220 NSF check from a customer. The company had outstanding checks of $525 and a deposit in transit of $1150.Assuming that the unadjusted bank balance was $2300, what is the unadjusted book balance?
A. $3140
B. $3450
C. $2085
D. $2925
Answer: A
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What will be an ideal response?
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