the cash account for pala medical co. at june 30, 20y1, indicated a balance of $166,436. the bank statement indicated a balance of $195,688 on june 30, 20y1. comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: a. checks outstanding totaled $19,427. b. a deposit of $12,300, representing receipts of june 30, had been made too late to appear on the bank statement. c. the bank collected $26,500 on a $25,000 note, including interest of $1,500. d. a check for $4,000 returned with the statement had been incorrectly recorded by pala medical co. as $400. the check was for the payment of an obligation to skyline supply co. for a purchase on account. e. a check drawn for $195 had been erroneously charged by the bank as $915. f. bank service charges for june amounted to $55. required: 1. prepare a bank reconciliation. 2. journalize the necessary entries. 3. if a balance sheet were prepared for pala medical co. on june 30, 20y1, what amount should be reported as cash?