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As of June 30, Year 1, the bank statement showed an ending balance of $19,568. The unadjusted Cash account balance was $17,828. The following information

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As of June 30, Year 1, the bank statement showed an ending balance of $19,568. The unadjusted Cash account balance was $17,828. The following information is available: 1. Deposit in transit, $2,055 2. Credit memo in bank statement for interest earned in June, $20. 3. Outstanding check, $3,780, 4. Debit memo for service charge, $5. 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.) Bank Reconciliation Uradjusted bank balance 6/30/Year 1 $ 0 True cash balance 6/30/Year 1 Unadjusted book balance 6/30/Year 1 $ 0 True cash balance 6/30/Year 1

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