revealed the following reconciling items: a. Checks outstanding totaled $30,050. b. A deposit of $19,720, representing receipts of June 30 , had been made too late to appear on the bank statement. c. The bank collected $22,149 on a $20,700 note, including interest of $1,449. d. A check for $1,450 returned with the statement had been incorrectly recorded by Pala Medical Center as $145. The check was for the payment of an obligation to Skyline Supply Co. for a purchase on account. e. A check drawn for $290 had been erroneously charged by the bank as $920. f. Bank service charges for June amounted to $40. Required: 1. Prepare a bank reconciliation. 2. Journalize the necessary entries. 3. If a balance sheet were prepared for Pala Medical Center on June 30, 20Y1, what amount should be reported as cash? Pala Medical Center Bank Reconciliation (Label) 2. Journalize the necessary entries. 3. If a balance sheet were prepared for Pala Medical Center on June 30,20Y1, what amount should be reported as cash? Labels and Amount Descriptions Labels For the Month Ended June 30, 20Y1 June 30, 20Y1 Amount Descriptions Adjusted balance Bank error in charging check as $920 instead of $290 Bank service charges Deposit in transit on June 30 Deposit of June 30, not recorded by bank Error in recording check Outstanding checks Note collected by bank, including $1,449 interest Total additions Total deductions