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As of June 30, Year 1, the bank statement showed an ending balance of $18,589....

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Accounting

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As of June 30, Year 1, the bank statement showed an ending balance of $18,589. The unadjusted Cash account balance was $17,658. The following information is available: 1. Deposit in transit, $2,660 2. Credit memo in bank statement for interest earned in June, $22. 3. Outstanding check, $3,578. 4. Debit memo for service charge. $9. Required Determine the true cash balance by preparing a bank reconciliation as of June 30, Year 1 using the preceding information. (Negative amounts should be indicated with minus sign.) Bank Reconciliation Unadjusted bank balance 6/30/Year 1 True cash balance 6/30/Year 1 $ Unadjusted book balance 6/30/Year 1 True cash balance 6/30/Year 1 $ 0

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