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Problem #1 (6 points) As of June 30, the bank statement showed a balance of $19,500. The cash balance on the company's books was
Problem #1 (6 points) As of June 30, the bank statement showed a balance of $19,500. The cash balance on the company's books was $15,200. The following information is also available: .Deposits in transit totaled $2,400 Credit memo per the bank statement for interest earned in June was $30 Outstanding checks totaled $6,690 Debit memo per the bank statement for a service charge was $20. Determine the true cash balance by preparing a bank reconciliation for June. Be sure that each item on the reconciliation is identified. Sinuo all song gni to be bor em nollegitur borlem ORU bortem ORR borfiam egeneve betitgaw blos abog St Jees vellde lune
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