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Show Me How Bank Reconcilation and Entries The cash account for Pala Medical Co. at June 30, 20Yl, indicated a balance of $10,425. The bank

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Show Me How Bank Reconcilation and Entries The cash account for Pala Medical Co. at June 30, 20Yl, indicated a balance of $10,425. The bank statement Indicated a balance of $11,00 statement and the accompanying canceled checks and memos with the records revealed the following recondling items: a. Checks outstanding totaled $4,210 b. A deposit of $4,390, representing receipts of June 30, had been made too late to appear on the bank statement c The bank collected $2,280 on a $2,160 note, including interest of $120 d. A check for sseo returned with the statement had been nometiy eoded eda. , s y recorded by Pala Medical , as $800. The check was for the payment ca obligation to Skyline Supply Co. for a purchase on account e. A check drawn for $80 had been erroneously charged by the bank as $800. f. Bank service charges for June amounted to $25 Required 1. Prepare a bank reconciliation Pala Medical Co Bank Recondiliation Cash balance according to bank statement Total adjustments l work saved 3 5 6 8 9 0

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