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Business, 20.10.2020 21:01 lavish6481

Owen Company's unadjusted book balance at June 30 is $11,400. The company's bank statement reveals bank service charges of $80. Two credit memos are included in the bank statement: one for $1,170, which represents a collection that the bank made for Owen, and one for $120, which represents the amount of interest that Owen had earned on its interest-bearing account in June. Based on this information, Owen's true cash balance is:

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Owen Company's unadjusted book balance at June 30 is $11,400. The company's bank statement reveals b...
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