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Vikki [24]
3 years ago
5

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

Business
1 answer:
atroni [7]3 years ago
7 0

Answer:

Following are the solution the given question:

Explanation:

                                    \text{Trinkle Company}\\\\             \text{Bank Reconciliation Statement(Partly)}\\\\                     \text{As on June 30}

\text{Balance as per Bank statement}  \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \                  \$56,193\\\\\text{Add : deposit in transit} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \                        \$2,350\\\\

                                                                          \$58,543

\text{Less: Outstanding Checks} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \                                               \$4,862\\\\\text{Adjusted Bank Balance} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \                                                   \$53,681\\\\

\text{The true cash balance on June 30 is}         \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \          \$53,681

   

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