1 Jace Co. had an unadjusted cash balance of $5,610 as of June 30. The June 30 bank statement included 2a $65 NSF check from one of Jace's clients. There were $286 in outstanding checks and $135 in deposits 3 in transit as of June 30. Per the bank statement, service charges were $25, and the bank collected a 4 $435 note receivable for Jace Co. The bank statement also showed $18 of interest revenue earned by 7 Required: 8 Determine the true cash balance as of June 30. (Hint: It is not necessary to use all of the preceding 9 items to determine the true balance.) 10 1 True cash balance 12 13 4 15