1. 2 Sheffield Spa shows a general ledger balance for the Cash account of $4.156.85 on June 30 and the bank statement as of that date indicates a balance of $4,210.00. When the statement was compared with the cash records, the following facts were determined: There were bank service charges for June of $27.00. A bank memo stated that Bao Dai's note for $900.00 and interest of 554.00 had been collected on June 29, and the bank had charged $5.00 for the collection. Any interest revenue has not been accrued Deposits in transit June 30 were $2.940.00. Cheques outstanding on June 30 totalled $2,091.05. On June 29, the bank had charged Sheffield Spa's account for a customer's NSF cheque amounting to $523.20. A customer's cheque received as a payment on account of $97.00 had been entered as $73.00 in the cash receipts journal by Sheffield Spa on June 15 Cheque no. 742 in the amount of $501.00 had been entered in the books as $45200, and cheque no. 747 in the amount of $25.70 had been entered as $554.00. Both cheques were issued as payments on account In May, the bank had charged a $30.50 Wella Spa chegut against the Sheffield Spa account. The June bank statement indicated that the bank had reversed this charge and corrected its error 3. 4. 5. 6. 7. 8. Prepare a bank reconciliation at June 30. (List Items that increase balance as per bank & bools first. Round answers to 2 decimal places, es 5275) Sheffield Spa 5 00