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221720C 20-%20Pa mal Tools Help Unsaved changes QQ Normal . Calibri u stiandae Edits will not be automatically saved. Save now Download . BIVA. E T IE The following information is available to reconcile Cloy Company's book balance of cash with its bank statement cash balance as of June 30. The June 30 cash balance according to the accounting records is $58,542, and the bank statement cash balance for that date is $68047 a. The bankerroneously cleared a $395 check against the account in line that was not issued by Cloy. The check documentation included with the bank statement indicates the check was actually issued by Clare Co. b. On June 30, the bank issued a credit memorandum for $35 interest earned on Cloy's account c. When the lune checks are compared with entries in the accounting records, it is found that Check No. 1727 had been correctly drawn for $1.450 to pay for advertising but was crroneously entered in the accounting records as $1.540. d. A credit memorandum indicates that the han collected 59.000 cash on a note receivable for Cloy, deducted a collection fee and credited the balance to the company's Cash account Cloy did not record this transaction before receiving the statement . A debit memorandum of $55 is enclosed with the bank statement for an NSF check for $870 received from a customer. The bank assessed a $25 fee for processing it Cloy's lune 30 daily cash receipts of 36,325 were placed in the bank's night depository on that date, but do not appear on the lune 30 bank statement. . Cley's ne 30 cash disbursements journal indicates that Check No 1737 for $4 870 and Check No. 1740 for $3.280 were both written and entered in the accounting records, but are not among the canceled checks h. A debit memorandum for $85.00 indicates the bank deducted the annual lock ben fee for the company Prepare the bank reconciliation for this company as of june 30

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