At June 30, Mareska Company has the following bank information: cash balance per bank €7,800; outstanding checks €560; deposits in transit €1,100; credit memo for interest €20; bank service charge €40. What is Mareska's adjusted cash balance on June 30?
A) €8,320
B) €8,360
C) €7,260
D) €8,340
Correct Answer:
Verified
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