The april 30 bank statement for trimble corporation shows an ending balance of $34,351. the unadjusted cash account balance was $28,250. the accountant for trimble gathered the following information: there was a deposit in transit for $4,240. the bank statement reports a service charge of $39. a credit memo included in the bank statement shows interest earned of $95. outstanding checks totaled $10,935. the bank statement included a $650 nsf check deposited in april. what is the true cash balance as of april 30?

$27,656.00

Explanation:

Information given;

                                              Amount in $

Bank balance                                 34,351.00  

Deposit in transit                         4,240.00  

Service charge                         39.00  

Interest earned                         95.00  

Outstanding checks                 10,935.00)

NSF check deposit                 650.00  

Book balance                                 28,250.00  

Considering the above, the transactions yet to be captured and to be adjusted in the books as at April 30 are as shown below.

                                                       Amounts in $

Book balance                                 28,250.00  

NSF Check                                 (650.00)

Interest earned                          95.00  

Service charge                          (39.00)

Adjusted book balance                  27,656.00  

answer; swot analysis;