In June 30, 2023, ABC Company has the following information

Bank statement indicated a balance of 100,000

The cash general ledger account on that date shows a balance of 120,000

The ABCs accountant provided Additional information necessary for preparing the ABCs reconciliation statement:

• A 10,000 check sent to the bank for deposit but has not yet reached the bank at the statement date.
• The bank returned a customers NSF check for 26,000 received as payment on account receivable.
• A 500 deposit by Z Company was erroneously credited to ABC account by the bank.
• The bank statement showed 500 interest earned during June.
• Outstanding checks totalled 15,000.

Required:

1. Prepare a June 30 bank reconciliation statement for ABC Company.
2. Prepare adjusting entries