The bank statement for Exible Co. indicates a balance of $10,252.50 on June 30, 2015. The cash account for the company had a balance of $4,787.10.

Bank reconciliation based on the

following reconciling items:

1. Cash sales of $351 had been erroneously recorded as $315.
2. Deposits in transit not recorded by bank, $500.
3. Bank debit memorandum for service charges, $45.
4. Bank credit memorandum for note collected by bank, $2,782, including $63 interest.
5. Bank debit memorandum for $223.40 NSF (not sufficient funds) check from Alice Martin, a customer.
6. Checks outstanding, $3,415.80.