1. The unadjusted balance per the bank statement on June 30 was $47,300. 2. Deposits in transit on June 30 were $4,400. 3. A debit memo was included with the bank statement for a service charge of $30. 4. A $7,620 check written in June had not been paid by the bank. 5. The bank statement included a $1,800 credit memo for the collection of a note. The principal of the note was $1,680, and the interest collected amounted to $120.

Determine the true cash balance as of June 30. (Hint: Not all the above information is necessary).

Henderson Company had an unadjusted cash balance of $9,350 as of May 31. The company's bank statement, also dated May 31, included a $150 NSF check written by one of Henderson's customers. There were $930 in outstanding checks and $240 in deposits in transit as of May 31. According to the bank statement, service charges were $65, and the bank collected a $800 note receivable for Henderson. The bank statement also showed $10 of interest revenue earned by Henderson.

Determine the true cash balance as of May 31. (Hint: Not all the above information is necessary).

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