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

1. The unadjusted balance per the bank statement on June 30 was $71,230.

2. Deposits in transit on June 30 were $2,350.

3. A debit memo was included with the bank statement for a service charge of $25. 

4. A $5,611 check written in June had not been paid by the bank. 

5. The bank statement included a $930 credit memo for the collection of a note. The principal of the note was $900, and the interest collected amounted to $30.

Required: 

Determine the true cash balance as of June 30.

Reference no: EM13930072

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