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As of May 31, 2014, . the bank statement showed an ending balance of $16, 667. The unadjusted Cash account balance was $16, 487. The

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As of May 31, 2014, . the bank statement showed an ending balance of $16, 667. The unadjusted Cash account balance was $16, 487. The following information is available: Deposit in transit, $2, 940. Credit memo in bank statement for interest earned in May. $20. Outstanding check. $3, 105. Debit memo for service charge. $5. Required Determine the true cash balance by preparing a bank reconciliation as of May 31, 2014, using the preceding information

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