As of June $30,$ Year $1,$ the bank statement showed an ending balance of $$19,500.$ The

unadjusted Cash account balance was $$15,200.$ The following information is available:

$$19,500,$$$15,200$

Deposit in transit: $$2,400.$

Credit memo in bank statement for interest earned in June: $$30.$

Outstanding check: $$6,690.$

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.

Note: Negative amounts should be indicated with minus sign.

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