The following data have been gathered for Syncronics, Inc. :

a. The july 31 bank balance was $4,000.

b. The bank statement included $65 in service charges.

c. There was an EFT deposit of $900 on the bank statement for the monthly rent from the tenant.

d. Checks #541 and #543 fo $205 and $320, respectively, were not among the canceled checks returned with the statement.

e. The July 31 deposit of $350 did not appear on the bank statement.

f. The bookkeeper had erroneously recorded a $50 check as $500. The check was written to a vendor to pay off a debt.

g. Included with the canceled checks was a check written by Syncronize Corporation for $200 which was deducted from Syncronics' account.

h. The bank statement also included an NSF check written by Multimedia, Inc. for a $460 payment on account.

i. The cash account showed a balance of $3,200 on July 31.

Required: 1. Prepare the July 31 bank reconciliation for Syncronics, Inc.

2. Adjust the Company's cash Balance