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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 $16,669. The unadjusted Cash account balance was $16.061. The following information is available: 1. Deposit in transit. $2.575. 2. Credit memo in bank statement for interest earned in June $6 3. Outstanding check $3,190 4. Debit merno for service charge $13 Required a. Determine the true cash balance by preparing a bank reconcillation as of June 30 , Year 1, using the preceding information. (Amounts to be deducted should be indicated with minus sign.)

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