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Exercise 4-10 Adjusting the cash account LO 4-3 As of June 30, 2018, the bank statement showed an ending balance of $16,955. The unadjusted Cash
Exercise 4-10 Adjusting the cash account LO 4-3 As of June 30, 2018, the bank statement showed an ending balance of $16,955. The unadjusted Cash account balance was $15,781 The following information is available: 1. Deposit in transit, $2,060. 2. Credit memo in bank statement for interest earned in June, $4 3. Outstanding check, $3,243. 4. Debit memo for service charge, $13. 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 6/3012018
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