Problem 7-13

The cash account of Aguilar Co. showed a ledger balance of $6,308.56 on June 30, 2014. The bank statement as of that date showed a balance of $6,640.00. Upon comparing the statement with the cash records, the following facts were determined.

1.		There were bank service charges for June of $40.00.
2.		A bank memo stated that Bao Dai