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 $19,280. The unadjusted Cash account balance

was $17,917. The following information is available:

1. Deposit in transit: $2,480.

2. Credit memo in bank statement for interest earned in June: $20.

3., Outstanding check: $3,834.

4. Debit memo for service charge: $11.

lhe following information applies to the questions displayed below.) As of June 30, Year 1, the bank statement showed an ending balance of $19,280. The unadjusted Cash account balance was $17.917. The following information is available: 1. Deposit in transit: $2,480. 2. Credit memo in bank statement for interest earned in June: $20. 3. Outstanding check: $3,834. 4. Debit memo for service charge: $11, 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 True cash balance 6/30/Year 1 Unadjusted book balance 6/30/Year 1 $ 0 True cash balance 6/30/Year 1 $ 0 Journal entry worksheet Record entry for interest revenue. Note: Enter debits before credits. Event General Journal Debit Credit Adj 1 Record entry Clear entry View general journal