The April 30,2012 Bank Statement for Tuttle Corporation Shows an Ending

question 66

Multiple Choice

The April 30,2012 bank statement for Tuttle Corporation shows an ending balance of $34,451.The unadjusted cash account balance was $28,350.The accountant for Tuttle gathered the following information: 1.April's deposit in transit was $4,240
2) The bank statement reports a service charge of $39
3) A credit memo included in the bank statement shows interest earned of $95
4) Outstanding checks totaled $10,935
5) The bank statement included a customer's $650 NSF check deposited in April
What is the true cash balance as of April 30,2012?

• A) $27,106
• B) $27,756
• C) $31,901
• D) $31,996

---

Definitions:

Twenty Million

The numerical figure 20,000,000.

Paralegals

Trained legal assistants who work under the supervision of attorneys, performing tasks like legal research, document preparation, and client interviews.

Businessmen

Individuals engaged in commercial or industrial business activities, often with decision-making power and ownership stakes.

Businesswomen

Female entrepreneurs or professionals engaged in commercial or industrial activities with the aim of generating profits.