Bank Reconciliation A June Breaicy Corp.'s book balance of the cash account shows an unadjusted balance of before reconciliation. The following data was also available for the month of June: $89,000 4. 5. 6. 7 1. The balance per bank statement at June 30, $88,000 2. The bank statement does not include a deposit of $2,880 made on the last day of the month 3. The bank statement shows a collection of a note receivable by the bank of $1,000 and a customer's cheque for $440 was returned because it was NSF Cheques outstanding on June 30 totalled $1,940 A customer's cheque for $350 was recorded on the books as $530 In June the bank had charged a $1,000 Betterway Corp. cheque against the Breakaway Corp. account There were bank service charges for June of $20 Required: a) b) Prepare a bank reconciliation dated June 30, proceeding to a correct balance. (11 marks) Prepare any entries that are needed to make the books correct and complete. (4 marks) 0 Format BI U SS ont Famil Font Size