b. If a balance sheet were prepared for Chesher C. bluly 31 should be reported for cash? EX 7-22 Bank reconciliation Identify the errors in the following bank reconciliation: Corrected adjusted alance: $19,780 Poway Co. Bank Reconciliation For the Month Ended June 30, 2016 Cash balance according to bank statement.. . Add outstanding checks: 16,185 s 575 470 1,050 910 3,005 - $19,190 6,600 $12,590 $ 8,985 Deduct deposit of June 30, not recorded by bank................... Add: Proceeds of note collected by bank: $6,000 300 $6,300 Service charges . 15 6,315 15,300 Deduct: Check returned because of insufficient funds. . . . . . . . . . $ 890 Error in recording June 17 deposit of $7,150 as $1,750 Adjusted balance. 5,400 6,290 9,010