Chapter 6 and 7 Homework Help Save& Exit Submit Check my work 3 As of June 30, Year 1, the bank statement showed an ending balance of $18,035. The unadjusted Cash account balance was $16729 The following information is available: 1 Deposit in transit, $2,055. 2. Credit memo in bank statement for interest earned in June, $16 3. Outstanding check, $3,353. 4. Debit memo for service charge, $8. points eBook Print Required Determine the true cash balance by preparing a bank reconcillation as of June 30, Year 1, using the preceding information. (Negative erencamounts should be indicated with minus sign.) Unadjusted bank balance 6/30/Year1 Add: Deposit in transit 2.055 3,353) $(1.298) check True cash balance 6/30/Year 1 Unadjusted book baliance 6/30rYear 1 16,729 16 Credit memo for interest earned Less: Debit memo for service charge