The cash account of Ayayai Corp. shows a ledger balance of $3,954.85 on June 30, 2017. The bank statement as at that date indicates a balance of $4,070. When the statement was compared with the cash records, the following facts were determined:

F' roblem 7 1 5 The cash account of Avayai Corp. shows a ledger balance of $3,954.85 on June 30, 201?. The bank statement as at that date indicates a balance of $4.070. when the statement was compared with the cash records, the following facts were determined: 1. M ~405me There were bank service charges for June of $29. A bank memo stated that Bao Dai's note for $898 and interest of $31 had been collected on June .29r and the bank had made a charge of$6.50 on the collection. (No entryr had been made on Ayayai's books when Bao Dai's note was sent to the bank for collection.) Receipts for June 30 of $2,880 were not deposited until Jul).r 2. Cheques outstanding on June 30 totalled $2,043.65. On June 29, the bank had charged Ayayai Corp/5 account for a customer's uncollectible cheque amounting to $430.20. A customer's cheque for $70 had been entered as $50 in the cash receipts journal by Ayayai Corp. on June 15 as a collection on account. Cheque no. ?42 in the amount of $495 had been entered in the cashbook as $459. and cheque no. T4? in the amount of $53.80 had been entered as $538. Both cheques were issued to pay for cash purchases of equipment. In May 2017, the bank had charged a $28.50 Blue Corp. cheque against the Ayayai Corp. account. The June bank statement indicated that the bank had reversed this charge and corrected its error. \fPrepare any entries that are needed to make the book's correct and complete . ( Credit account titles are automatically indented when amount is entered . Do not indent manually . If no entry is required , Select " NO Entry" for the account titles and enter D for the amounts . ) Date Account Titles and Explanation Debit Credit June 30 [ To record correction entry for all the amounts added to the balance as per books in the bank reconciliation statement ; JUNE 30 [ To record correction entry for all the amounts deducted from the balance as per books in the bank reconciliation statement*Problem ?-15 Accounts Payable Accounts Receivable Accrued Liabilities Accumulated Depreciation Advances to Employees Advertising Expense Allowance for Doubtful Accounts Bad Debt Expense Cash Cash Dver and Short Delivery Expense Due from Factor Due to Customer Equipment Finance Expense Finance Revenue Freightin Freightout Gain on Sale of Equipment Gain on Sale of Land Interest Expense Interest Income Interest Receivable Inventory Land Loss on Impairment Loss on Sale of Receivables Miscellaneous Expense No Entry Notes Payable Notes Receivable Office Expense Bank Charges Dfce Expense Dther Petty Cash Prepaid Expenses Purchase Discounts Recourse Liability Sales Discounts Sales Discounts Forfeited Sales Returns and Allowances Sales Revenue Servicing ljabilities Service Revenue Supplies Supplies Expense Unearned Revenue