The bank statement for Farmer Co indicatos a balance of $7,735 on June 30. After the Journals for June were posted, the cash account a balance of $4,000. Prepare a tank reconciliation on the bus et following recording items 1. Cash sales of $742 were erroneously recorded in the cash receipts journal as $724, 2. Deposits in transit not recorded by bank, 5425. 1. Bank debit memo for service charges, $35. 4. Bank credit memo for note collected by bank, $2,475 including $75 interest. 5. Bank debit memo for $256 NSF (not sufficient funds) check from Janice Smith, a customer 6. Checies outstanding. $1,860 Farmer Co. Bank Reconciliation June 30 Cash balance according to bank statement Add deposits in transit not recorded by bank Deduct outstanding checks Adjusted balance Cash balance according to company's records Add note collected by bank, including $75 interest Add error in recording cash sales of $742 as $724 Deduct NSF check from Janice Smith Add bank service charges Adjusted balance N