6.1

The following information is available: 1. Deposit in transit: $2,400. 2. Credit memo in bank statement for interest earned in June: $30 3. Outstanding check: $6,690. 4. Debit memo for service charge: $20. Required Determine the true cash balance by preparing a bank reconciliation as of June 30, Year 1, using the preceding information. (Negative amounts should be indicated with minus sign.) usted b True cash balance 6/30/Year 1 The following information is available: 1. Deposit in transit: $2,400. 2. Credit memo in bank statement for interest earned in June: $30 3. Outstanding check: $6,690. 4. Debit memo for service charge: $20. Required Determine the true cash balance by preparing a bank reconciliation as of June 30, Year 1, using the preceding information. (Negative amounts should be indicated with minus sign.) usted b True cash balance 6/30/Year 1