Shoilee Ltd. maintains their accounts at EBL. The bank provides a bank statement along with canceled checks on the last day of each month. The July 2020 bank statement includes the following statements:

Balance July 01, 2020 Deposits Checks processed Service charges NSF checks Monthly loan payment deducted directly by bank from account (included tk. 320 in interest) Balance July 31, 2020

Tk. 55,678 1,79,500 (1,92,610) (30) (1,200) (3,320) 38,018

The book of the company showed cash balance of tk. 38,918 at the end of July 2020. Deposits outstanding totaled tk. 6,300 and the bank except for those totaling tk. 8,420 processed all checks written by the company. In addition, a tk. 2,000 July deposit from a customer was recorded as a tk. 200 in the company's books and a check correctly recorded by the company as a tk. 30 payment was incorrectly processed by the bank as a tk. 300 payment.

Required:

a) Prepare a bank reconciliation statement for the month of July.