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Exercise 4 - 1 1 A ( Algo ) Determining the true cash balance, starting with the unadjusted bank balance LO 4 - 3 The
Exercise A Algo Determining the true cash balance, starting with the unadjusted bank balance LO The following information is available for Trinkle Company for the month of June: The unadjusted balance per the bank statement on June was $ Deposits in transit on June were $ A debit memo was included with the bank statement for a service charge of $ $ check written in June had not been paid by the bank. The bank statement included a $ credit memo for the collection of a note. The principal of the note was $ and the interest collected amounted to $ Required: Determine the true cash balance as of June Hint: It is not necessary to use all of the preceding items to determine the true balance.
Exercise A Algo Determining the true cash balance, starting with the unadjusted bank balance LO
The following information is available for Trinkle Company for the month of June:
The unadjusted balance per the bank statement on June was $
Deposits in transit on June were $
A debit memo was included with the bank statement for a service charge of $
$ check written in June had not been paid by the bank.
The bank statement included a $ credit memo for the collection of a note. The principal of the note was $ and the interest collected amounted to $
Required:
Determine the true cash balance as of June Hint: It is not necessary to use all of the preceding items to determine the true balance.
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