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[answered] 11. The following information for Show Me, Inc. relates to


11. The following information for Show Me, Inc. relates to its bank accounts as of June 30: I] The June 30 balance shown on the bank statement is $2,898. I] Outstanding checks at June 30 totaled $165. I] A deposit of $212 made on June 30 was not included in the balance shown on the bank statement. I] The bank statement contained an adjustment of $205 for a note receivable collected by the bank on behalf of Show Me, Inc. ($191 principal and $14 interest). I] A bank charge of $17 was made to the account during June. Although the company was expecting a charge, the amount was not known until the bank statement arrived. I] The bank erroneously charged a $170 check of Shirt, Inc., against the Show Me, Inc., bank account I] The June 30 balance in the general ledger Cash account, before reconciliation, is $3,013. I] The bank statement included a notice that a customer's check for $86 that had been deposited on June 14 had been returned NSF. Upon completing a bank reconciliation, the accountant determined the adjusted cash balance (or reconciled cash balance) for the depositor (Show Me Inc.) as of June 30th was: A. $3,115 B. $2,945 c. $2,910 D. $3,013 Page 3 of 12
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