On July 31, 2014, Redeker Company had a cash balance per books of $6,304. The statement from Nashota State Bank on that date showed a balance of $7,854.80. A comparison of the bank statement with the Cash account revealed the following facts.

1.		The bank service charge for July was $21.
2.		The bank collected a note receivable of $1,627 for Redeker Company on July 15, plus $34 of interest. The bank made a $14 charge for the collection. Redeker has not accrued any interest on the note.
3.		The July 31 receipts of $1,324.30 were not included in the bank deposits for July. These receipts were deposited by the company in a night deposit vault on July 31.
4.		Company check No. 2480 issued to T. Laird, a creditor, for $364.00 that cleared the bank in July was incorrectly entered in the cash payments journal on July 10 for $346.00.
5.		Checks outstanding on July 31 totaled $1,969.10.
6.		On July 31, the bank statement showed an NSF charge of $702 for a check received by the company from K. Wagner, a customer, on account. Prepare the bank reconciliation as of July 31.

REDEKER COMPANY Bank Reconciliation July 31, 2014 Cash balance per bank statement 630 Add: Deposits in transit Less: Outstanding checks Adjusted cash balance per bank Cash balance per books Add: Collection of note receivable Less: NSF check Bank service charge Adjusted cash balance per books