The following information pertains to the bank transactions of Rawlins Company:
Cash on the books as of April 30 was $499. Cash as shown on the bank statement for the same date was $1,330.
A deposit of $160, representing cash receipts as of April 30, did not appear on the bank statement.
Outstanding checks totaled $240.
Bank service charges for April amounted to $9
The bank collected for Rawlins Company $840 (which includes $40 interest) on a note left for collection.
An NSF check for $80 from a customer, Joe Beck, was returned with the statement.
What amount would appear on the Balance Sheet? (Show your work)
a. $1,250
b. $1,330
c. $ 499
d. None of the above