The bank statement for Butler Company for September 30, 20Y2 indicates a balance of $17,000, while Butlers general ledger displays a balance in the cash account of $21,840. Comparing the bank statement and the accompanying canceled checks and memos with the records reveals the following reconciling items:

1. Outstanding checks totaled $3,400. 2. The bank had collected $700 on a note on behalf of Butler. The face amount of the note was $600. 3. An electronic funds transfer of $4,000 was made on September 1st for monthly rent. 4. A deposit of $4,800 had been made too late in the month to appear on the bank statement. 5. Bank services charges for September were $50. 6. A check drawn for $450 had been incorrectly charged by the bank as $540. Instructions Prepare a bank reconciliation for September.