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 cheque 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 & books first. Round answers to 2 decimal ploceses 52753 Sheffield Spa 00 R K. B N M