chapter 4 question 3

3 35 points eBook Hint Print 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 $59,129. 2. Deposits in transit on June 30 were $2,185. 3. A debit memo was included with the bank statement for a service charge of $15. 4. A $4,537 check written in June had not been paid by the bank. 5. The bank statement included a $850 credit memo for the collection of a note. The principal of the note was $810, and the interest collected amounted to $40. 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

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 $59.129. 2. Deposits in transit on June 30 were $2,185. 3. A debit memo was included with the bank statement for a service charge of $15 4. A $4,537 check written in June had not been paid by the bank 5. The bank statement included a $850 credit memo for the collection of a note. The principal of the note was $810, and the interest collected amounted to $40. Required: Determine the true cash balance as of June 30 . (Hint it is not necessary to use all of the preceding tems to determine the true balance)