(Answered) Question - the following information is available for

Accounting

Question - The following information is available for Sharder Company for the month of June:

The unadjusted balance per the bank statement on June 30 was $58,200.2. Deposits in transit on June 30 were $3,500.3. A debit memo was included with the bank statement for a service charge of $25.4. A $5,580 check written in June had not been paid by the bank.5. The bank statement included a $1,080 credit memo for the collection of a note. The principal of the note was $1,050, and the interest collected amounted to $30.

Required: Determine the true cash balance as of June 30.

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