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7.5 points Book Hint Prom The following information is available for Trinkle Company for the month of June: 1. The unadj

Posted: Fri Jul 01, 2022 8:30 am
by answerhappygod
7 5 Points Book Hint Prom The Following Information Is Available For Trinkle Company For The Month Of June 1 The Unadj 1
7 5 Points Book Hint Prom The Following Information Is Available For Trinkle Company For The Month Of June 1 The Unadj 1 (21.73 KiB) Viewed 26 times
7.5 points Book Hint Prom 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 $56,490. 2. Deposits in transit on June 30 were $2,945. 3. A debit memo was included with the bank statement for a service charge of $10. 4. A $5,830 check written in June had not been paid by the bank. 5. The bank statement included a $1,150 credit memo for the collection of a note. The principal of the note was $1,100, 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) True cash balance