07-11/ 2nd time asking Nickleson Company had an unadjusted cash balance of $8,887 as of May 31. The companys bank statement, also dated May 31, included a $55 NSF check written by one of Nicklesons customers. There were $872 in outstanding checks and $245 in deposits in transit as of May 31. According to the bank statement, service charges were $30, and the bank collected an $1,150 note receivable for Nickleson. The bank statement also showed $19 of interest revenue earned by Nickleson.

Required:

Determine the true cash balance as of May 31. (Hint: It is not necessary to use all of the preceding items to determine the true balance.)

true cash balance is ______________

10081 is not the correct cash balance