The books of Harvey, Inc. Disclosed a cash balance of $71,257 on June 30, the bank statement as of June 30, showed a balance of $54,780. Additional Information that might be useful in reconciling the two balance follows a check number 748 that we wrote to pay a vendor on account for $3,000 was incorrectly recorded on the books as $2,000.
b A customers note dated March 25 was discounted on April 12. The note was dishonored on June 29 (maturity date) The bank charged Harvey's account for $14,265. We will put it Accounts Receivable and try to collect it in the future.
c The deposit of cash from June 24 sales was recorded on the books as $2,895, but it was actually a deposit of $2,700.
d Outstanding checks totaled 9,885 as of June 30.
e There were bank service charges for June of $210. not yet recorded on the books.
f Harvey's account had been charged on June 26 for a customer's NSF check for $1,296
g Harvey properly deposited $600 on June 3 that was not yet recorded by the bank.
h receipts of june 30 for $13,425 were recorded by the bank on July 2 after the bank statement had been mailed.
I A bank memo stated that a customer's note for $4,500 and interest of $129 had been collected on June 27.
Prepare a bank statement, using good form, reconciling bank and book balances to the correct cash balance. Then, record any necessary journal entries in the company's books.