The April 30 bank statement for Trimble Corporation shows an ending balance of $37,169. The unadjusted cash account balance was $30,950. The accountant for Trimble gathered the following information: 1. There was a deposit in transit for $4,778. 2. The bank statement reports a service charge of $104. 3. A credit memo included in the bank statement shows interest earned of $455. 4. Outstanding checks totaled $12,316. 5. The bank statement included a $1,670 NSF check deposited in April. What is the true cash balance as of April 30? Multiple Choice O $27,961 $29,631 $34,409 $33,954

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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The April 30 bank statement for Trimble Corporation shows an ending balance of $37,169. The unadjusted cash account balance was $30,950. The accountant for
Trimble gathered the following information:
1. There was a deposit in transit for $4,778.
2. The bank statement reports a service charge of $104.
3. A credit memo included in the bank statement shows interest earned of $455.
4. Outstanding checks totaled $12,316.
5. The bank statement included a $1,670 NSF check deposited in April.
What is the true cash balance as of April 30?
Multiple Ch ice
$27,961
$29,631
$34,409
$33,954
Transcribed Image Text:The April 30 bank statement for Trimble Corporation shows an ending balance of $37,169. The unadjusted cash account balance was $30,950. The accountant for Trimble gathered the following information: 1. There was a deposit in transit for $4,778. 2. The bank statement reports a service charge of $104. 3. A credit memo included in the bank statement shows interest earned of $455. 4. Outstanding checks totaled $12,316. 5. The bank statement included a $1,670 NSF check deposited in April. What is the true cash balance as of April 30? Multiple Ch ice $27,961 $29,631 $34,409 $33,954
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