Cowboy Company's bank statement for June 30 showed a cash balance of $65,890. The company's general ledger Cash account showed a $62,065 debit balance. The following information was also available as of June 30: 1. A deposit placed in the bank's night depository on June 30 totaled $9,540. The deposit did not appear on the bank statement. 2. A debit memo included in the bank statement shows a $990 NSF check from a customer, J. Doe. 3. Outstanding checks as of June 30 totaled $6,870 4. Included in the bank statement was a debit memorandum in the amount of $75 for bank service charges. These charges had not been recorded on the company's books. 5. A customer's note for $7,550 was collected by the bank. 6. Examination of the checks on the bank statement with the entries on the accounting records reveals the check # 345 for the payment of an utility expense was correctly written and drawn for $440, but was recorded in the accounting records as $400. 7. Included with the bank statement was a credit memorandum in the amount of $50 for interest deposited into Cowboy Company's bank account. Based on the above information, prepare the June bank reconciliation and necessary adjusting journal entries for Cowboy Company.

Cowboy Company's bank statement for June 30 showed a cash balance of $65,890. The company's general ledger Cash account showed a $62,065 debit balance. The following information was also available as of June 30 : 1. A deposit placed in the bank's night depository on June 30 totaled $9,540. The deposit did not appear on the bank statement. 2. A debit memo included in the bank statement shows a $990 NSF check from a customer, J. Doe. 3. Outstanding checks as of June 30 totaled $6,870 4. Included in the bank statement was a debit memorandum in the amount of $75 for bank service charges. These charges had not been recorded on the company's books. 5. A customer's note for $7,550 was collected by the bank. 6. Examination of the checks on the bank statement with the entries on the accounting records reveals the check \#345 for the payment of an utility expense was correctly written and drawn for $440, but was recorded in the accounting records as $400. 7. Included with the bank statement was a credit memorandum in the amount of $50 for interest deposited into Cowboy Company's bank account. Based on the above information, prepare the June bank reconciliation and necessary adjusting journal entries for Cowboy Company