The cash account for Pala Medical Co. at June 30, 20Y1, 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 following reconciling items:

a.	Checks outstanding totaled $32,540.
b.	A deposit of $18,540, representing receipts of June 30, had been made too late to appear on the bank statement.
c.	The bank collected $29,425 on a $27,500 note, including interest of $1,925.
d.	A check for $1,350 returned with the statement had been incorrectly recorded by Pala Medical Co. as $135. The check was for the payment of an obligation to Skyline Supply Co. for a purchase on account.
e.	A check drawn for $570 had been erroneously charged by the bank as $750.
f.	Bank service charges for June amounted to $40.

Instructions:

Journalize the necessary entries. Refer to the Chart of Accounts for exact wording of account titles

	DATE	DESCRIPTION	POST. REF.	DEBIT	CREDIT
1	Jun. 30	Cash		29,425
2		Notes receivable			27,500
3		Interest Revenue			1925
4	Jun. 30	Miscellaneous Expense		40
5		_____________________		_________	________
6		_____________________			________