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12 Book Required information [The following information applies to the questions displayed below.] As of June 30, Year 1, the bank statement showed an
12 Book Required information [The following information applies to the questions displayed below.] As of June 30, Year 1, the bank statement showed an ending balance of $17,749. The unadjusted Cash account balance was $17,071. The following information is available: 1. Deposit in transit: $2,580. 2. Credit memo in bank statement for interest earned in June: $4. 3. Outstanding check: $3,260. 4. Debit memo for service charge: $6. Hint Required a. Determine the true cash balance by preparing a bank reconciliation as of June 30, Year 1, using the preceding information. (Amounts to be deducted should be indicated with minus sign.) Print Bank Reconciliation eferences i Unadjusted bank balance 6/30/Year 1 True cash balance 6/30/Year 1 Unadjusted book balance 6/30/Year 1 True cash balance 6/30/Year 1
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