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Business, 15.10.2019 22:30 10040813

On september 30 the bank statement of fine company showed a balance of $7,800. the following information was revealed by comparing the bank statement to the cash balance in fine's accounting records: deposits in transit amounted to $3,150 outstanding checks amounted to $6,200 a $550 check was incorrectly drawn on fine's account nsf checks returned by the bank were $750 the bank service charge was $29 credit memo for $75 for the collection of one of the company's account receivable. based on the above information the true cash balance was:

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