As of June 30, Year 2, the bank statement showed an ending balance of $19,500. The unadjusted
Question:
As of June 30, Year 2, the bank statement showed an ending balance of $19,500. The unadjusted Cash account balance was $15,200. The following information is available:
1. Deposit in transit, $2,400.
2. Credit memo in bank statement for interest earned in June, $30.
3. Outstanding check, $6,690.
4. Debit memo for service charge, $20.
Required
Determine the true cash balance by preparing a bank reconciliation as of June 30, Year 2, using the preceding information.
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Bank Reconciliation Unadjusted Bank Balance 630Year 2 19500 A...View the full answer
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Related Book For 
Survey Of Accounting
ISBN: 9781260575293
6th Edition
Authors: Thomas Edmonds, Christopher Edmonds, Philip Olds
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