Prepare a Bank Reconciliation for Show Me, Inc $\$ 5,796$
(B) Outstanding Checks at June 30 Totaled

Essay

Prepare a bank reconciliation for Show Me, Inc., as of June 30 from the following information:
(a.) The June 30 balance shown on the bank statement is $\$ 5,796$ .
(b.) Outstanding checks at June 30 totaled $\mathbf { \$ 3 3 0 }$ .
(c.) A deposit of $424 made on June 30 was not included in the balance shown on the bank statement.
(d) The bank statement contained an adjustment of $410 for a note receivable collected by the bank on behalf of show Me, Inc. (\$382 principal and \$28 interest).
(e.) A bank charge of $34 was made to the account during June. Although the company was expecting a charge, the amount was not known until the bank statement arrived.
(f.) The bank erroneously charged a $\$ 340$ check of Shirt, Inc., against the Show Me, Inc, bank account.
(g) The June 30 balance in the general ledger Cash account, before reconciliation, is $\$ 6,026$ .
(h.) The bank statement included a notice that a customer's check for \$172 that had been deposited on June 14 had been returned NSF. Required:
(1.)Prepare the bank reconciliation for Show Me, Inc., as of June 30.
(2.)Prepare the appropriate adjusting entry(ies)or show the reconciling items in a horizontal model, for Show Me, Inc., related to the bank reconciliation.