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Required information Exercise 6.10A (Algo) Adjusting the cash account LO 6.3 [The following information applies to the questions displayed below.] As of June 30 ,

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Required information Exercise 6.10A (Algo) 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 $17,171. The unadjusted Cash account balance was $16,210. The following information is available: 1. Deposit in transit: $2,845. 2. Credit memo in bank statement for interest earned in June: $8. 3. Outstanding check: $3,812. 4. Debit memo for service charge: $14 Exercise 6-10A (Algo) Part a Required a. Determine the true cash balance by preparing a bank reconciliation as of June 30 . Year 1 , using the preceding intormation. (Amounts to be deducted should be indicated with minus sign.)

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