As of June $30,$ Year $2,$ the bank statement showed an ending balance of $$18,238.$ The unadjusted Cash account balance was $$17,359.$

The following information is available:

Deposit in transit, $$2,970.$

Credit memo in bank statement for interest earned in June, $$20.$

Outstanding check, $$3,840.$

Debit memo for service charge, $$11.$

Required:

Determine the true cash balance by preparing a bank reconciliation as of June $30,$ Year $2,$ using the preceding information.

Note: Negative amounts should be indicated with minus sign.