Problem 7-15 (Part Level Submission) The cash account of Swifty Corporation shows a ledger balance of $3,963.20 on June 30, 2020. The bank statement as at that date shows a balance of $4,196. When the statement was compared with the cash records, the following facts were determined: 1. There were bank service charges for June of $25. A bank memo stated that a note from Bao Dai for $900 and interest of $40 had been collected on June 29, and the bank had made a charge of $5.00 on the collection. (No entry had been made on Swifty's books when Bao Dai's note was sent to the bank for collection.) 3. Receipts for June 30 of $2,860 were not deposited until July 2. 4. Cheques outstanding on June 30 totalled $2,137.80. 5. On June 29, the bank had charged Swifty Corporation's account for a customer's NSF cheque amounting to $451.00. 6. A customer's cheque for $100 had been entered as $60 in the cash receipts journal by Swifty Corporation on June 15 as a collection on account. Cheque no. 742 in the amount of $481 had been entered in the cash book as $409, and cheque no. 747 in the amount of $58.00 had been entered as $586. Both cheques were issued to pay for cash purchases of equipment. In May 2020, the bank had charged a $28.00 Ayayai Corp. cheque against the Swifty Corporation account. The June bank statement showed that the bank had reversed this charge and corrected its error. (a) Prepare a bank reconciliation dated June 30, 2020, proceeding to a correct cash balance. (List items that increase balance as per bank & books first.) Swifty Corporation Bank Reconciliation June 30, 2020 Balance per bank, June 30 A Add A