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Required muralium [The following information applies to the questions displayed below.] As of June 30, Year 1, the bank statement showed an ending balance of
Required muralium [The following information applies to the questions displayed below.] As of June 30, Year 1, the bank statement showed an ending balance of $17,348. The unadjusted Cash account balance was $16,271. The following information is available: 1. Deposit in transit: $2,895. 2. Credit memo in bank statement for interest earned in June: $22. 3. Outstanding check: $3,962. 4. Debit memo for service charge: $12. 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 True cash balance 6/30/Year 1 Unadjusted book balance 6/30/Year 1 True cash balance 6/30/Year 1 THL TOE terested 3. Outstanding check: $3,962. 4. Debit memo for service charge: $12. b. Record in general journal format the adjusting entries necessary to correct the unadjusted book balance. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet
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