As of June 30, Year 2, the bank statement showed an ending balance of $17,347. The unadjusted Cash account balance was $16,217. The following information is available: 1. Deposit in transit, $2,705 2. Credit memo in bank statement for interest earned in June, $24. 3. Outstanding check, $3,821. 4. Debit memo for service charge, $10. 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 $17,347. The unadjusted Cash account balance was $16,217. The following information is ovailable: 1. Deposit in transit, $2,705 2. Credit memo in bank statement for interest earned in June, $24 3. Outstanding check, $3,821 4. Debit memo for service charge, $10 Required: Determine the true cash bolance by preparing a bank reconcilation as of June 30 , Year 2 , using the preceding informotion Note: Negative amounts should be indicated with minus sign