Problem 1 The bank statement for Pagoda Enterprises. shows an unadjusted balance of $2,330 at June 30, 2021, while the unadjusted cash balance per books was $599. The following information pertains to the bank transactions for the company. 1. Deposits of $160, representing cash receipts of June 30, did not appear on the bank statement 2. Outstanding cheques totalled $240. 3. Bank service charges for June were $9. 4. Electronic collections on account totalled $1,740, and have not yet been recorded by the company. 5. An NSF cheque for $80 from a customer was returned with the statement Instructions (a) Prepare a bank reconciliation at June 30. (b) Prepare any adjusting entries necessary as a result of the bank reconciliation