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expeople1 [14]
3 years ago
12

The following information is available for Trinkle Company for the month of June:1. The unadjusted balance per the bank statemen

t on June 30 was $81,5002. Deposits in transit on June 30 were $3,1503. A debit memo was included with the bank statement for a service charge of $404. A $5,611 check written in June had not been paid by the bank5. The bank statement included a $950 credit memo for the collection of a note. The principal of the note was $900, and the interest collected amounted to $50RequiredDetermine the true cash balance as of June 30.
Business
1 answer:
kvv77 [185]3 years ago
4 0

Answer:

Trinkle Compnay  

Details                                                                                           Amount $

Un adjusted Balance as Per Bank Statement on Jun 30             $81,500

Add : Deposit in Transit Jun                                                       $3,150

Less : Outstanding Check June 30                                                     $(5,611)

True Cash Balance As on June 30                                              $79,039

Explanation:

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1 year ago
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