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Required information Exercise 6-10A Adjusting the cash account LO 6-3 (The following information applies to the questions displayed below] As of June 30, Year 1,
Required information Exercise 6-10A Adjusting the cash account LO 6-3 (The following information applies to the questions displayed below] As of June 30, Year 1, the bank statement showed an ending balance of $17,041. The unadjusted Cash account balance was $16,530. The following information is available: 1. Deposit in transit: $2,565. 2. Credit memo in bank statement for interest earned in June: $16. 3. Outstanding check: $3,074. 4. Debit memo for service charge: $14. Eercise 6-10A Part a muired Laluvananciliation as of June 30. Year 1. using the preceding information Required o. 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 True cash balance 6/30/Year 1
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