1. The bank statement for Exible Co. indicates a balance of $10.252.50 on June 30, 2016. The cash account for the company had a balance of $4,787.10. Prepare a bank reconciliation on the basis of the following reconciling items: (a) (b) (c) Cash sales of$351 had been erroneously recorded as $315 Deposits in transit not recorded by bank, $500 Bank debit memorandum for service charges, $45. Bank credit memorandum for note collected by bank, $2,782, including $63 interest. Bank debit memorandum for $223.40 NSF (not sufficient funds) check from Alice Martin, a customer. Checks outstanding, $3,415.80. (c) (D S