Exercise 4-10 Adjusting the cash account LO 4-3 As of June 30, 2018, the bank statement showed an ending balance of $16,131. The unadjusted Cash account balance was $15,171. The following information is available: 1. Deposit in transit, $2,420. 2. Credit memo in bank statement for interest earned in June. $12 3. Outstanding check, $3,377. 4. Debit memo for service charge, $9. Required Determine the true cash balance by preparing a bank reconciliation as of June 30, 2018, using the preceding information. (Negative amounts should be indicated with minus sign.) Bank Reconciliation Unadjusted bank balance 6/30/2018 True cash balance 6/30/2018 Unadjusted book balance 6/30/2018 True cash balance 6/30/2018 Exercise 4-11 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 1. The unadjusted balance per the bank statement on June 30 was $81,500. 2. Deposits in transit on June 30 were $3,150. 3. A debit memo was included with the bank statement for a service charge of $40. 4. A $5,611 check written in June had not been paid by the bank. 5. The bank statement included a $950 credit memo for the collection of a note. The principal of the note was $900, and the interest collected amounted to $50. 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.) True cash balance