Exercise $6-11$A $($Algo$)$ Determining the true cash balance, starting with the unadjusted bank balance LO $6-3$

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

The unadjusted balance per the bank statement on June $30$ was $$54,649.$

Deposits in transit on June $30$ were $$2,605.$

A debit memo was included with the bank statement for a service charge of $$29.$

A $$4,360$ check written in June had not been paid by the bank.

The bank statement included a $$1,400$ credit memo for the collection of a note. The principal of the note was $$1,375,$ and the interest collected amounted to $$25.$ Exercise $6-11$A $($Algo$)$ Determining the true cash balance, starting with the unadjusted bank balance LO $6-3$

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

The unadjusted balance per the bank statement on June $30$ was $$54,649.$

Deposits in transit on June $30$ were $$2,605.$

A debit memo was included with the bank statement for a service charge of $$29.$

A $$4,360$ check written in June had not been paid by the bank.

The bank statement included a $$1,400$ credit memo for the collection of a note. The principal of the note was $$1,375,$ and the interest collected amounted to $$25.$