and The cash account for American Medical Co. at April 30 indicated a balance of $8,975. The bank statement indicated a balance of $10,040 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: a. Checks outstanding totaled $3,610. b. A deposit of $3,770, representing receipts of April 30, had been made too late to appear on the bank statement c. The bank collected $1,960 on a $1,860 note, including interest of $100. obligation to Targhee Supply Co. for a purchase on account. l30