At March 31, Cummins Co. had a balance in its cash account of $10,000. At the end of March the company determined that it had outstanding checks of $1015, deposits in transit of $650, a bank service charge of $30, and an NSF check from a customer for $215. The true cash balance at March 31 is:
A. $9635
B. $10,000
C. $9755
D. $9385
Answer: C
Business
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