Cash balance as per company records of $5681.50 debit on 31 may 2018. The bank statement from community bank on that date showed a credit balance of $7784.60.

1. The statement included a debit entry of $60 for the printing of additional company cheques.
2. cash sales of $836.15 on 12 May were deposited in the bank. The cash receipts journal entry and the deposit slip were incorrectly made for $846.15. The bank credited Computec Ltd for the correct amount.
3. Unrepresented cheques at 31 May totaled $1276.25 and outstanding deposits were $836.15.
4. On 18 May Computec Ltd issued cheque no. 1181 for $685 to M. Helms on account. The cheques, which cleared the bank in May was incorrectly journalised and posted by Computec Ltd for $658.
5. A $3000 note receivable was collected by the bank for Computec Ltd on 31 May plus $80 interest. The bank charged a collection fee of $20. No interest has been accrued on the note.
6. Included with the cheques paid was a cheque issued by teller Pty Ltd to P jonet for $600 that was incorrectly charged to computec Ltd by the bank.
7. On 31 May the bank statement showed a dishonored cheque of $700 that has been issued by W Hoad a customer to Computec Ltd.

a) Prepare the bank reconciliation as at 31 May 2018

b) Prepare the necessary adjusting entries as at 31 May 2018