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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
! 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 $19,500. The unadjusted Cash account balance was $15,200. The following information is available: 1. Deposit in transit: $2,400. 2. Credit memo in bank statement for interest earned in June: $30. 3. Outstanding check: $6,690. 4. Debit memo for service charge: $20. Exercise 6-10A Part a 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 S 0 Unadjusted book balance 6/30/Year 1 True cash balance 6/30/Year 1 S
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