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help asap [The following information applies to the questions displayed below) As of June 30, Year 1, the bank statement showed an ending balance of
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[The following information applies to the questions displayed below) As of June 30, Year 1, the bank statement showed an ending balance of $18,320. The unadjusted Cash account balance was $17.411. The following information is available: 1. Deposit in transit $2,205, 2. Credit memo in bank statement for interest earned in June $14. 3. Outstanding check: $3,114 4. Debit memo for service charge: $14. Required a. Determine the true cash balance by preparing a bank reconciliation as of June 30, Year 1, using the preceding information (Amounts to be deducted should be indicated with minus sign.) Bank Reconciliation Unadjusted bank balance 6/30/Year 1 True cash balance 6/30/Year 1 Unadjusted book balance 6/30/Year 1 Truse cash balance 30/Year 1 Step by Step Solution
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