The cash account for Pala Medical Co. at June 30, 20Y1, indicated a balance of $9,125. The bank statement indicated a balance of $10,120 on June 30, 20Y1. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: a. Checks outstanding totaled $3,640. b. A deposit of $3,800, representing receipts of June 30, had been made too late to appear on the bank statement. c. The bank collected $1,970 on a $1,870 note, including interest of $100.. d. A check for $660 returned with the statement had been incorrectly recorded by Pala Medical Co. as $600. The check was for the payment of an obligation to Skyline Supply Co. for a purchase on account. e. A check drawn for $80 had been erroneously charged by the bank as $800. f. Bank service charges for June amounted to $35. Required: 1. Prepare a bank reconciliation. Pala Medical Co. Bank Reconciliation June 30, 20Y1 Cash balance according to bank statement Adjustments: Total adjustments Adjusted balance Cash balance according to company's records. Adjustments: Total adjustments Adjusted balance 000 L3