Bank Reconciliation The following bank reconciliation was prepared for Dakota Co. DAKOTA CO. Bank Reconciliation For the Month Ended June 30, 20 Y3 Cash balance according to bank statement Add outstanding checks: No. 7715 7760 7764 7765 Deduct deposit of June 30, not recorded by bank Adjusted balance Cash balance according to company's records Add: Proceeds of note collected by bank: Principal Interest Service charges Deduct: Check returned because of insufficient funds Error in recording June 20 deposit of $9,580 as $5,980 Adjusted balance $34,350 $2,175 1,373 2,775 $41,8361,163 9,300$32,536 $23,438 Prepare a corrected bank reconcilation. Dakota Co. Bank Reconciliation June30,20Y3 Cash balance according to bank statement: Add deposit of June 30, not recorded by bank Deduct outstanding checks: No. 7715 No. 7760 No. 7764 No. 7765 Adjusted balance Cash balance according to Dakota Co. Add: Proceeds of note collected by bank: Principal Interest Error in recording June 20 deposit as $5,980 instead of $9,580 Deduct: Check returned because of insufficient funds Service charges Adjusted balance 5