The bank statement of Adam Ltd. showed a balance of $11,648 for the month of May 20XX. However, the cash book showed a balance of $11,607. On careful examination, the following discrepancies were uncovered:

i) Deposit in transit, $985. ii) Unpresented cheques, $536. iii) Bank collected $720 on behalf of Adam Ltd. iv) Customers cheque of $48 was returned due to insufficient funds. v) GIRO payment of $128 for utilities expenses. vi) A payment of $71 was recorded as $17 in the cash book.