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es As of June 30, Year 2, the bank statement showed an ending balance of $16,554. The unadjusted Cash account balance was $15,305. The

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es As of June 30, Year 2, the bank statement showed an ending balance of $16,554. The unadjusted Cash account balance was $15,305. The following information is available: 1. Deposit in transit, $2,120. 2. Credit memo in bank statement for interest earned in June, $18. 3. Outstanding check, $3,359. 4. Debit memo for service charge, $8. 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

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