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Salsk061 [2.6K]
3 years ago
11

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

Business
1 answer:
klemol [59]3 years ago
8 0

Answer:

the  true cash balance as on June 30 is  $79,039

Explanation:

The computation of the true cash balance as on June 30 is given below:

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

Add: Deposit in Transit Jun   $3,150

Less: Outstanding Check Jun30 $(5,611)

True Cash Balance As on Jun 30 $79,039

hence, the  true cash balance as on June 30 is  $79,039

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