Exercise $4-11$A $($Algo$)$ Determining the true cash balance, starting with the unadjusted bank balance LO $4-3$

The following information is available for Trinkle Company for the month of June:

The unadjusted balance per the bank statement on June $30$ was $$54,642.$

Deposits in transit on June $30$ were $$2,140.$

A debit memo was included with the bank statement for a service charge of $$6.$

$A$$$3,790$ check written in June had not been paid by the bank.

The bank statement included a $$1,000$ credit memo for the collection of a note. The principal of the note was $$960,$ and the interest collected amounted to $$40.$

Required:

Determine the true cash balance as of June $30.($Hint: It is not necessary to use all of the preceding items to determine the true balance.$)$