The following information is available for the trinkle company for the month of June:
1. The adjusted balance per the bank statement o June 30 was $81,500
2. Deposits in transit on June 30 were $3,150
3. A debit memo was included with the bank statement for a service charge of $40
4. A $5,611 check written in june had not been paid by the bank
5. 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 $50.
Determine the true cash balance as of June 30.