BANK STATEMENT
Myrtle Beach State Bank
215 Main Street
Myrtle Beach, South Carolina
	Show Me, Inc				Account Number
	629 Main Street				62-00062
	Myrtle Beach, SC				June 30, 2013
	Beginning Balance 6/1/2013			$ 2,134.00
	Total Deposits and Other Credits			4,195.00
	Total Checks and Other Debits			3,431.00
	Ending Balance 6/30/2013			$ 2,898.00
Checks and Debits				Deposits and Credits
Date	Check No.	Amount of Check		Date
6/1/2013	1230	$ 62.00		3/5/2013	$ 1,340.00
6/5/2013	1231	1,235.00		6/11/2013	210.00
6/10/2013	1232	750.00		6/18/2013	500.00
6/15/2013	1233	1,111.00		6/25/2013	1,940.00
6/23/2013	6877	170.00		Note Collected	205.00
6/14/2013	NSF	86.00
6/30/2013	Service Charge	17.00
The following is a list of checks and deposits recorded on the books of Show Me, Inc., for
June, 20013.
Date	Check Number	Amount of Check		Date	Amount of Deposit
6/1/2013	1230	$ 62.00		3/5/2013	$ 1,340.00
6/5/2013	1231	1,235.00		6/11/2013	210.00
6/10/2013	1232	750.00		6/18/2013	500.00
6/15/2013	1233	1,111.00		6/25/2013	1,940.00
6/30/2013	1234	165.00		6/30/2013	212.00
	Show Me, Inc., T Accounts
	Cash
				Show Me, Inc. BANK RECONCILIATION
				Ending Bank Balance
				Add:
	Notes Receivable
				Less:
				True Cash Balance	-
	Accounts Receivable
				Book Balance
				Add:
				Less:
	Interest Income
				True Cash Balance	-
	Bank Charges
Horizontal Model
Cash	Notes Receivable	Accounts Receivable		Interest Income	Bank Charges
Prepare a bank reconciliation for Show Me, Inc., as of June 30 from the following information:
(a.) The June 30 balance shown on the bank statement is $2,898.
(b.) Outstanding checks at June 30 totaled $165.
(c.) A deposit of $212 made on June 30 was not included in the balance shown on the bank statement.
(d.) The bank statement contained an adjustment of $205 for a note receivable collected by the bank on
	behalf of Show Me ($191 principal and $14 interest).
(e.) A bank charge of $17 was made to the account during June. Although the company was expecting a
	charge, the amount was not known until the bank statement arrived.
(f.) The bank erroneously charged a $170 check of Shirt, Inc., against the Show Me, Inc., bank account.
(g.) The June 30 balance in the general ledger Cash account, before reconciliation, is $3,013.
(h.) The bank statement included a notice that a customer's check for $86 that had been deposited on
	June 14 had been returned NSF.
Required:
(1.) Prepare the bank reconciliation for Show Me, Inc., as of June 30.
(2.) Prepare the appropriate adjusting entry(ies) or show the reconciling items in a horizontal model, for Show Me, Inc.,
related to the bank reconciliation.