The following information is available for Trinkle Company for the month of June: The unadjusted balance per
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Question:
The following information is available for Trinkle Company for the month of June:
The unadjusted balance per the bank statement on June was $
Deposits in transit on June were $
A debit memo was included with the bank statement for a service charge of $
A $ check written in June had not been paid by the bank.
The bank statement included a $ credit memo for the collection of a note. The principal of the note was $ and the interest collected amounted to $
Required
Determine the true cash balance as of June Hint: It is not necessary to use all of the preceding items to determine the true balance.
Related Book For
Fundamental Financial Accounting Concepts
ISBN: 978-0078025907
9th edition
Authors: Thomas Edmonds, Christopher Edmonds
Posted Date: