Can you please do both part a and b with the right steps

W P7-3A/ On May 31, 2017, Terrell Lid. had a cash balance per books of $6,781.50. The bank statement from Home Town Bank on that date showed a balance of E6,824.60. A com- parison of the statement with the Cash account revealed the following facts. 1. The statement included a debit memo of f60 for the printing of additional company checks. 2. Cash sales of (836.15 on May 12 were deposited in the bank. The cash receipts journal entry and the deposit slip were incorrectly made for 6886.15. The bank credited Terrell Company for the correct amount. 3. Outstanding checks at May 31 totaled $276.25. Deposits in transit were $1,916.15. 4. On May 18, the company issued check No. 1181 for $685 to Barry Dietz on account. The check, which cleared the bank in May, was incorrectly journalized and posted by Terrell for E658. 5. A (3,000 note receivable was collected by the bank for Terrell on May 31 plus $80 interest. The bank charged a collection fee of (20. No interest has been accrued on the note. 6. Included with the cancelled checks was a check issued by Bridges ple to Jon Newton for (600 that was incorrectly charged to Terrell by the bank. 7. On May 31, the bank statement showed an NSF charge of (640 for a check issued by Sandy Grifton, a customer, to Terrell on account. Instructions (a) Prepare the bank reconciliation at May 31, 2017. (b) Prepare the necessary adjusting entries for Terrell at May 31, 2017