Prepare the bank reconciliation and prepare the journal entries need to reconcile cash.

The cash account for XYZ at June 30 indicated a balance of $12,190. For June, the total cash

deposited was $28,100 and checks written totaled $33,010. The bank statement indicated a

balance of $12,550 on June 30. Comparing the bank statement, the canceled checks, and the

accompanying memos with the records revealed the following reconciling items.

a. Checks outstanding totaled $7,440.

b. A deposit of $2,880, representing receipts of June 30, had been made too late to spear on

the bank statement.

c. The bank had collected for XYZ $2,080 on a note left for collection. The face of the note was

$2,000.

d. A check for $580 returned with the statement had been incorrectly charged by the bank as

$850

e. A check for $640 returned with the statement had been recorded by XYZ as $460. The check

was for the payment of an obligation to EFG Co on account.

f. Bank service charges for June amounted to $20.

g. A check for $900 from a customer was returned by the bank die to insufficient funds.