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! Required information [The following information applies to the questions displayed below.) As of June 30, Year 1, the bank statement showed an ending balance

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! Required information [The following information applies to the questions displayed below.) As of June 30, Year 1, the bank statement showed an ending balance of $17,099. The unadjusted Cash account balance was $15,674. The following information is available: 1. Deposit in transit: $2,030, 2. Credit memo in bank statement for interest earned in June: $6. 3. Outstanding check: $3,453 4. Debit memo for service charge: $4. 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 $ 0 True cash balance 6/30/Year 1 Unadjusted book balance 6/30/Year 1 $ 0 True cash balance 6/30/Year 1

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