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Hello, I am looking to find the true cash ballance. The following information is available for Trinkle Company for the month of June: The unadjusted

Hello, I am looking to find the true cash ballance.

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 $51,944.
  2. Deposits in transit on June 30 were $2,175.
  3. A debit memo was included with the bank statement for a service charge of $21.
  4. A $3,686 check written in June had not been paid by the bank.
  5. The bank statement included a $1,250 credit memo for the collection of a note. The principal of the note was $1,205, and the interest collected amounted to $45.

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.)

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