The cash account for Pala Medical Co. at June 30, 201, indicated a balance of $85,920. The bank statement indicated a balance of $127,910 on June 30, 20Y1. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the tollowing reconciling items:

The cash account for Pala Medical Co. at June 30, 20Y1, indicated a balance of $85,920. The bank statemeat indicated a balance of $127,910 on June 30, 20Y1, Comparing the bank statement and the acoomparying canceled checks and memos with the records revealed the following reconciling items: a. Checks outstanding totaled $32,540. b. A deposh of $18,540, representing receipts of June 30 , had been made too late to appear on the barik statement. c. The bark collected $29,425 on a $27,500 note, including interest of $1,925. d. Acheck for $1,350 returned with the statement had been incorrectly tecorded by Pala Medical Co, as $135. The check was for the payment of an obligation to Skyine Supply Co. lor a purchase on account. 0. A check drawn lor $570 had been erroneously charged by the bank as $760. 1. Bank service charges for June amourted to $40