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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

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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 $15,670 The unadjusted Cash account balance was $15,355. The following information is available: 1. Deposit in transit $2,805 2. Credit memo in bank statement for interest earned in June $22 3. Outstanding check: $3,104 4. Debit memo for service charge: $6 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 es 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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