Rodriguez Company maintains a checking account at the Imura Bank. At July 31, selected data from the ledger balance and the bank statement are shown below.

Analysis of the bank data reveals that the credits consist of $79,000of July deposits and a credit memorandum of $4,926for the collection of a $4,850note plus interest revenue of $76. The July debits per bank consist of checks cleared $75,144and a debit memorandum of $62for printing additional company checks.

You also discover the following errors involving July checks. (1) A check for $580to a creditor on account that cleared the bank in July was journalized and posted as $850. (2) A salary check to an employee for $455was recorded by the bank for $355.

The June 30 bank reconciliation contained only two reconciling items: deposits in transit $8,450and outstanding checks of $6,650.