Exercise 6-12A Determining the true cash balance, starting with the unadjusted book balance LO 6-3 Nickleson Company had an unadjusted cash balance of $9,189 as of May 31. The company's bank statement, also dated May 31, included a $93 NSF check written by one of Nickleson's customers. There were $344 in outstanding checks and $270 in deposits in transit as of May 31. According to the bank statement, service charges were $100, and the bank collected an $1,050 note receivable for Nickleson. The bank statement also showed $20 of interest revenue earned by Nickleson. Required Determine the true cash balance as of May 31. (Hint: It is not necessary to use all of the preceding items to determine the true balance.) True cash balance