At June 30, Mareska Company Has the Following Bank Information

question 81

Multiple Choice

At June 30, Mareska Company has the following bank information: cash balance per bank $1,800; outstanding checks $340; deposits in transit $275; credit memo for interest $75; bank service charge $10.What is Mareska's adjusted cash balance on June 30?

• A)$1,735
• B)$1,800
• C)$1,810
• D)$1,865

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Definitions:

Ratchet Wheels

Wheels equipped with teeth that lock into place with each motion in one direction, allowing controlled movement.

Transmit Motion

The process of conveying or transferring motion from one part of a mechanical system to another.

Abbreviation

A shortened form of a word or phrase used for convenience, clarity, or brevity in written and spoken communication.

Gauge

An instrument or tool used to measure, test, or visually compare physical characteristics such as dimensions, thickness, or depth.