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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 $16,529. The unadjusted Cash account balance was $15,171. The following information is avallable: 1. Deposit in transit: $2,480. 2. Credit memo in bank statement for interest earned in June: $6. 3. Outstanding check $3,841. 4. Debit memo for service charge: $9. required Determine the true cash balance by preparing a bank reconciliation as of June 30 , Yor 1 , using the preceding information. Amounts to be deducted should be indicated with minus sign.) Required a. Determine the true cash balance by preparing a bank reconciliation as of June 30 , Year 1, using the preceding inf (Amounts to be deducted should be indicated with minus sign.)

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