As of June $30,$ Year $1,$ the bank statement showed an ending balance of $$18,465.$ The unadjusted Cash account balance was $$17,509.$ The following information is available:

Deposit in transit: $$2,520.$

Credit memo in bank statement for interest earned in June: $$4.$

Outstanding check: $$3,486.$

Debit memo for service charge: $$14.$

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.$)$

$\backslash$table$[[$Bank Reconciliation$],[$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 $1,]]$