As of June 30, Year 2, the bank statement showed an ending balance of $17,811. The...

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As of June 30, Year 2, the bank statement showed an ending balance of $17,811. The unadjusted Cash account balance was $17,479. The following information is available: 1. Deposit in transit, $2,745. 2. Credit memo in bank statement for interest earned in June, $22. 3. Outstanding check, $3,062. 4. Debit memo for service charge, $7. 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 $ 17,479 Add: Deposit in transit 2,745 Less: Outstanding check (3,062) True cash balance 6/30/Year 2 $ 17,162 Unadjusted book balance 6/30/Year 2 $ 17,479 Less: Outstanding check True cash balance 6/30/Year 2 $ 17,479 As of June 30, Year 2, the bank statement showed an ending balance of $17,811. The unadjusted Cash account balance was $17,479. The following information is available: 1. Deposit in transit, $2,745. 2. Credit memo in bank statement for interest earned in June, $22. 3. Outstanding check, $3,062. 4. Debit memo for service charge, $7. 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 $ 17,479 Add: Deposit in transit 2,745 Less: Outstanding check (3,062) True cash balance 6/30/Year 2 $ 17,162 Unadjusted book balance 6/30/Year 2 $ 17,479 Less: Outstanding check True cash balance 6/30/Year 2 $ 17,479