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The unadjusted cash account balance for a company at December 31, 2014 is $15,926. The bank statement showed a balance of $20,700 on this same

The unadjusted cash account balance for a company at December 31, 2014 is $15,926. The bank statement showed a balance of $20,700 on this same date. The following information is available:Bank Service Charge $ 6NSF check from customer $ 324Deposit in transit $ 1,576In addition, two other items were discovered: Check #433 for the purchase of inventory was written correctly and paid by the bank correctly for $463, but was recorded on the books at $643. Outstanding checks at the end of November were $3,500; checks written by the company during December were $60,000; checks cleared by the bank during December were $57,000.What is the true cash balance at December 31, 2014?

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