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7 February, 14:41

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 $81,5002. Deposits in transit on June 30 were $3,1503. A debit memo was included with the bank statement for a service charge of $404. A $5,611 check written in June had not been paid by the bank5. The bank statement included a $950 credit memo for the collection of a note. The principal of the note was $900, and the interest collected amounted to $50RequiredDetermine the true cash balance as of June 30.

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  1. 7 February, 14:54
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    Trinkle Compnay

    Details Amount $

    Un adjusted Balance as Per Bank Statement on Jun 30 $81,500

    Add : Deposit in Transit Jun $3,150

    Less : Outstanding Check June 30 $ (5,611)

    True Cash Balance As on June 30 $79,039
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