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3 Exercise 4-11A (Algo) Determining the true cash balance, starting with the unadjusted bank balance LO 4-3 2.5 points The following information is available for Trinkle Company for the month of June: eBook 1. The unadjusted balance per the bank statement on June 30 was $58,865. 2. Deposits in transit on June 30 were $2,770. 3. A debit memo was included with the bank statement for a service charge of $11. 4. A $5,770 check written in June had not been paid by the bank. 5. The bank statement included a $1,050 credit memo for the collection of a note. The principal of the note was $1,015, and the intere collected amounted to $35. Hint Print Required Determine the true cash balance as of June 30. (Hint: It is not necessary to use all of the preceding items to determine the true balance) References True cash balance 4 Exercise 4-12A (Algo) Determining the true cash balance, starting with the unadjusted book balance LO 4-3 2.5 points Nickleson Company had an unadjusted cash balance of $7.195 as of May 31. The company's bank statement, also dated May 31, included a $87 NSF check written by one of Nickleson's customers. There were $964 in outstanding checks and $280 in deposits in transit as of May 31. According to the bank statement, service charges were $30, and the bank collected a $1,000 note receivable for Nickleson. The bank statement also showed $10 of interest revenue earned by Nickleson, Required Determine the true cash balance as of May 31 (Hint: It is not necessary to use all of the preceding items to determine the true balance.) eBook Hint True cash balance Print References

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