The following information is available for Trinkle Company for the month of June:
1. The...
Business, 19.03.2020 21:09 JLapworth1130
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 $52,985.
2. Deposits in transit on June 30 were $2,860.
3. A debit memo was included with the bank statement for a service charge of $28.
4. A $4,596 check written in June had not been paid by the bank.
5. The bank statement included a $1,250 credit memo for the collection of a note. The principal of the note was $1,220, and the interest collected amounted to $30.
Determine the true cash balance as of June 30.
Answers: 3
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