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Determine true cash balance by preparing bank reconciliation

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Reference no: EM13523328

As of June 30, 2012, the bank statement showed an ending balance of $13,879.85. The unadjusted cash account balance was $13, 483.75.

The following information is available.

1. Deposit in transition $1476.30.
2. Credit memo in bank statement for interest earned in June, $35.00.
3. Outstanding check, $1843.74.
4. Debit memo for service charge, $6.34.

Determine the true cash balance by preparing a bank reconciliation as of June 300, 2012, using the preceding information.

Reference no: EM13523328

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