Bank reconciliation Thn falloxinn hanle raronriliation war nrangrat on of lin 20 nV7. Deduct: Check returned because of insufficient funds \begin{tabular}{rr} $850 & \\ 2,700 & \\ \hline & $14,400 \\ \hline \hline \end{tabular} a. Identify the errors in the following bank reconciliation: Item Correct Heading Outstanding checks Deposit of June 30 Service charges Error in June 17 deposit Adjusted balance per the bank b. Prepare a corrected bank reconciliation. Poway Co. Bank Reconciliation June 30, 20Y7 \begin{tabular}{cc} \hline Line Item Description Amount \\ Cash balance according to bank statement \end{tabular} Total deductions Adjusted balance Cash balance according to company's records Total additions Total deductions Adjusted balance