Sheffield Spa shows a general ledger balance for the Cash account of $4.156.85 on June 30 and the bank statement as of that date indicates a balance of $4.210.00. When the statement was compared with the cash records, the following facts were determined: 1. 2. 3. 4. 5. There were bank service charges for June of $27.00. A bank memo stated that Bao Dai's note for $900.00 and interest of $54.00 had been collected on June 29, and the bank had charged $5.00 for the collection. Any interest revenue has not been accrued. Deposits in transit June 30 were $2,940.00. Cheques outstanding on June 30 totalled $2,091.05. On June 29, the bank had charged Sheffield Spa's account for a customer's NSF cheque amounting to $523.20. A customer's cheque received as a payment on account of $97.00 had been entered as $73.00 in the cash receipts journal by Sheffield Spa on June 15. Cheque no. 742 in the amount of $501.00 had been entered in the books as $452.00, and cheque no. 747 in the amount of $25.70 had been entered as $554.00. Both cheques were issued as payments on account. In May, the bank had charged a $30.50 Wella Spa cheque against the Sheffield Spa account. The June bank statement indicated that the bank had reversed this charge and corrected its error. 6. 7. 8. . Sheffield Spa Bank Reconciliation June 30 $