A review of the bank statement and accounting records of Baker Company revealed

Question

A review of the bank statement and accounting records of Baker Company revealed the following items: Item No. Description 1) 2) 3) 4) 5) 6) A NSF check written by one of Baker's customers. A credit memo refleoting interest revenue earned by Baker. A debit memo showing a bank service charge A certified oheck. Three outstanding checks. A deposit in transit. Which of the item(s) would be added to the unadjusted bank balance to determine the true cash balance? O Item numbers 3 and 6 O item number 5 O item numbers 3. 5, and 6 Item number 6

Explanation / Answer

Deposit in transit would be added to the unadjusted bank balance to determine the true cash balance.

Item no 6 is the correct option.

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