16,185 6,600 575 470 1,050 b. Prepare a corrected bank reconciliation Poway Co. Bank Reconciliation June 30, 2017 Cash balance according to bank statement Adjustments: Deposit of June 30, not recorded by bank Outstanding Check No. 1067 Outstanding Check No. 1106 Outstanding Check No. 1110 Outstanding Check No. 1113 Total adjustments Adjusted balance Cash balance according to company's records Adjustments: Proceeds of note collected by bank: Face value Proceeds of note collected by bank: Interest Error in recording June 17 deposit as $1,750 instead of $150 Check returned because of insufficient funds Service charges 910 3.595 8,985 6,000 300 5,400 890 15 Total adjustments Adjusted balance $16,185 $575 470 1,050 910 The following bank reconciliation was prepared as of June 30, 2017: Poway Co. Bank Reconciliation For the Month Ended June 30, 2017 Cash balance according to bank statement Adjustments: Outstanding Check No.1067 Outstanding Check No.1106 Outstanding Check No.1110 Outstanding Check No.1113 Deposit of June 30 not recorded by bank Total adjustments Adjusted balance Cash balance according to company's records Adjustments: Proceeds of note collected by bank: Face value Proceeds of note collected by bank: Interest Service charges Check returned because of insufficient funds Error in recording June 17 deposit of $7,150 a $1,750 Total adjustments Adjusted balance (6,600) (3,595) $12,590 $8,985 $6,000 300 15 (890) (5,400) 25 $9,010