As of June 30, Year 2, the bank statement showed an ending balance of $18,663. The unadjusted Cash account balance was $17,067. The following information is available: 1. Deposit in transit, $2,330. 2. Credit memo in bank statement for interest earned in June, $10. 3. Outstanding check, $3,920. 4. Debit memo for service charge, $4. 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. Bank Reconciliation Unadjusted bank balance 6/30/Year 2 True cash balance 6/30/Year 2 Unadjusted book balance 6/30/Year 2 True cash balance 6/30/Year 2

As of June 30, Year 2, the bank statement showed an ending balance of $18,663. The unadjusted Cash account balance was $17,067. The following information is available: 1. Deposit in transit, $2,330. 2. Credit memo in bank statement for interest earned in June, $10. 3. Outstanding check, $3,920. 4. Debit memo for service charge, $4. 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