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As of June 30 , Year 1, the bank statement showed an ending balance of $17,483. The unadjusted Cash account balance was $17,008. The following

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As of June 30 , Year 1, the bank statement showed an ending balance of $17,483. The unadjusted Cash account balance was $17,008. The following information is available: 1. Deposit in transit, $2,845. 2. Credit memo in bank statement for interest earned in June: $4. 3. Outstanding check: $3,327. 4. Debit memo for service charge: $11. 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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