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The following information is available for Trinkle Company for the month of June: The unadjusted balance per the bank statement on June 30 was $63,219.

The following information is available for Trinkle Company for the month of June:

  1. The unadjusted balance per the bank statement on June 30 was $63,219.

  2. Deposits in transit on June 30 were $2,075.

  3. A debit memo was included with the bank statement for a service charge of $24.

  4. A $5,488 check written in June had not been paid by the bank.

  5. The bank statement included a $550 credit memo for the collection of a note. The principal of the note was $515, and the interest collected amounted to $35.

Required

Determine the true cash balance as of June 30. (Hint: It is not necessary to use all of the preceding items to determine the true balance.)

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