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The bank statement for Taylor Inc. shows an unadjusted balance of $2,330 at June 30, 2022, while the unadjusted cash balance per books was $599.

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The bank statement for Taylor Inc. shows an unadjusted balance of $2,330 at June 30, 2022, while the unadjusted cash balance per books was $599. The following information pertains to the bank transactions for the company. Deposits of $160, representing cash receipts of June 30, did not appear on the bank statement. 2. Outstanding cheques totalled $240. 3 Bank service charges for June were $9. 4. Electronic collections on account totalled $1,740, and have not yet been recorded by the company. 5. An NSF cheque for $80 from a customer was returned with the statement Instructions ( Prepare a bank reconciliation at June 30, KbiPrepare any journal entries necessary as a result of the bank reconciliation You are to complete the questions above on appropriate separate documents). Acceptable formats include: word document, excel documents, documents written by hand scanned and uploaded as a pdf or jpeg file), or any template you have access to that fulfils the question requirements. You will then upload this or drag and drop the file(s) into the upload box at the bottom of this question box

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