5 PROBLEMS BELOW PROBLEM #1: The bank statement for Cates Company indicates a balance of $1,730 on June 30. The cash balance per books had a balance of $799 on this date. The following information pertains to the bank transactions for the company Deposit of $260, representing cash receipts of June 30, did not appear on the bank statement 1. 2. Outstanding checks totaled $340 3. Bank service charges for June amounted to $25 4. The bank collected a note receivable for the company for $900 plus $56 interest revenue. 5. An NSF check for $80 from a customer was returned with the statement. Instructions a. Prepare a bank reconciliation for June 30 b. Prepare any adjusting entries necessary as a result of the bank reconciliation. PROBLEM #2: Prepare journal entries to record the following transactions entered into by the Merando Company 2011 une 1 Received a $9,000,6%, 1-year note from Dan Gore as full payment on his account. 1000 terms 2/10, n/30