Bank Recondiliation and Entries The cash account for Pala Medical Co. at une 30, 20Y1, indicated a balance of $13,050. The bank statement indicated a balance of $15,s00 on June 30, 20Y1. Comparing the bank statement a. Checks outstanding totaled $5,580. C. The bank collected $3,020 on a $2,870 note, including interest of $150. and the accompanying canceled checks and memos with the records revealed the following reconciling items b.A deposit of $5,810, representing receipts of June 30, had been made too late to appear on the bank statement. d. A check for S440 returned with the statement had been incorrectly recorded by Pala Medical Coas S400. The check was for the payment of an obigation to Skyline Supply Cofo purchase on account A check drawn for t30 had been erroneously charged by the bank as $300 Bank service charges for June amounted to $30 e Required: 1. Prepare a bank reconciliation Pala Medical Co