ozieera
ozieera
16.10.2019 • 
Business

Osborn company's unadjusted book balance at june 30, 2014 is $7,800. the company's bank statement reveals bank service charges of $45. two credit memos are included in the bank statement: one for $900 which represents a collection of an account receivable that the bank made for osborn and one for $10 which represents the amount of interest that osborn had earned on its interest-bearing checking account in june. based on this information, osborn's true cash balance is:
a. $7,800.
b. $8,705.
c. $8,665.
d. $8,795.

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