The cash account for Stone Systems at July $31,20$Y$5,$ indicated a balance of $$12,000.$ The bank statement indicated a balance of $$15,660$ on July $31,20$Y$5.$ Comparing the bank statement and the accompanying canceled checks and memos with the records reveals the following reconciling items:

Checks outstanding totaled $$5,640.$

A deposit of $$5,870,$ representing receipts of July $31,$ had been made too late to appear on the bank statement.

The bank had collected $$3,050$ on a note left for collection. The face of the note was $$2,900.$

A check for $$600$ returned with the statement had been incorrectly recorded by Stone Systems as $$660.$ The check was for the payment of an obligation to Holland Co$.$ for the purchase of office supplies on account.

A check drawn for $$900$ had been incorrectly charged by the bank as $$90.$

Bank service charges for July amounted to $$30.$

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$1.$Prepare a bank reconciliation.