4 Exercise 6-12A (Algo) Determining the true cash balance, starting with the unadjusted book balance LO 6-3 2.5 po Nickleson Company had an uradjusted cash balance of 56,295 as of May 31. The company's bank statement, also dated May 30 included a $55 NSF check witten by one of Nickson's customers. There were 5637 in outstanding checks and $230 in deposits in transit as of May 3t According to the bank statement service charges were $70, and the bank collected an $900 note receivable for Nicideson The bank statement also showed 523 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) ook Trucah blanco