Exercise $6-11$A $($Algo$)$ Determining the true cash balance, starting with the unadjusted bank balance LO $6-3$

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

The unadjusted balance per the bank statement on June $30$ was $$60,509.$

Deposits in transit on Junfe $30$ were $$2,705.$

A debit memo was included with the bank statement for a service charge of $$8.$

A $$3,689$ check written in June had not been paid by the bank.

The bank statement included a $$650$ credit memo for the collection of a note. The principal of the note was $$610,$ 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.$)$