Example Prepare any journal entries based on the following data regarding the bank reconciliation prepared by Corruption Company on July 31, 2017. 1. A customer's cheque for $260 was returned with the bank statement and stamped NSF. 2. Outstanding cheques amount to $650. 3. Service charges for July per bank statement are $25. 4. Cheque #925 for $3,250 for office equipment was erroneously recorded by the bookkeeper as $2,350. 5. The bank erroneously credited Corruption Company's account for a $575 deposit made by Bribe and Bilk Inc. 6. A deposit ticket correctly prepared for $695 appeared on the bank statement as a deposit for $965. 7. Cheque #930 for $900 for rent expense was erroneously recorded by the bookkeeper as $90