Marigold Spa shows a general ledger balance for the Cash account of $3,952.35 on June 30 and the bank statement as of that date indicates a balance of $4,145.00. When the statement was compared with the cash records, the following facts were determined: 2. 3. 4. 5. There were bank service charges for June of $32.00. A bank memo stated that Bao Dai's note for $902.00 and interest of $40.00 had been collected on June 29, and the bank had charged $6.00 for the collection. Any interest revenue has not been accrued. Deposits in transit June 30 were $2,890.00. Cheques outstanding on June 30 totalled $2,141.05. On June 29, the bank had charged Marigold Spa's account for a customer's NSF cheque amounting to $483.20. A customer's cheque received as a payment on account of $83.00 had been entered as $59.00 in the cash receipts journal by Marigold Spa on June 15. Cheque no. 742 in the amount of $475.00 had been entered in the books as $444.00, and cheque no. 747 in the amount of $42.20 had been entered as $570.00. Both cheques were issued as payments on account. In May, the bank had charged a $16.50 Wella Spa cheque against the Marigold Spa account. The June bank statement indicated that the bank had reversed this charge and corrected its error. 6. 7. 8. Prepare a bank reconciliation at June 30. (List Items that increase balance as per bank & books first. Round answers to 2 decimal places, eg. 52.75) Marigold Spa Bank Reconciliation June 30 $ $ $ $ > > >