Business, 08.03.2021 19:40 alizeleach0123

The following information is available for Trinkle Company for the month of June: The unadjusted balance per the bank statement on June 30 was $81,500. Deposits in transit on June 30 were $3,150. A debit memo was included with the bank statement for a service charge of $40. A $5,611 check written in June had not been paid by the bank. The bank statement included a $950 credit memo for the collection of a note. The principal of the note was $900, and the interest collected amounted to $50. 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.)

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The following information is available for Trinkle Company for the month of June: The unadjusted bal...

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