Which of the item(s) would be subtracted from the company's unadjusted book balance to determine the true cash balance?
A)Item numbers 5 and 6.
B)Item numbers 2, 3, and 5.
C)Item numbers 1 and 3.
D)Item number 5.

Question

Quizplus · Accepted Answer

The NSF check and the debit memo both reduce Bard's cash balance, but have not yet been recorded, so they should be subtracted from the unadjusted book balance. The certified check has been deducted by both the bank and the company when it is issue

Which of the Item(s) Would Be Subtracted from the Company's