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Exercise 6-10A Adjusting the cash account As of June 30, 2016, the bank statement showed an ending balance of S19,500. The unadjusted Cash account balance

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Exercise 6-10A Adjusting the cash account As of June 30, 2016, the bank statement showed an ending balance of S19,500. The unadjusted Cash account balance was $15,200. The following information is available: 1. Deposit in transit, $2,400. 3. Outstanding check, $6,690 4. Debit memo for service charge, $20. Required . Determine the true cash balance by preparing a bank reconciliation as of June 30, 2016, using the preceding information b. Record in general journal format the adjusting entries necessary to correct the unadjusted book balance

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