Bank Reconciliation and Journal Entries (40 marks) s4-4 The Cash account of SWITZER Ltd. reported a balance of $2,500 at August 31, 2020. Included were outstanding cheques totalling $900 and an August 31 deposit of $500 that did not appear on the bank statement. The bank statement, which came from HSBC Bank, listed an August 31, 2020, balance of $3,405. Included in the bank balance was an August 30 collection of $550 on account from a customer who pays the bank directly. The bank statement also shows a $20 service charge $10 of interest revenue that SWITZER earned on its bank balance, and an NSF cheque for $35. Prepare a bank reconciliation to determine how much cash SWITZER actually has at August 31, 2020. S4-5 After preparing the SWITZER Ltd. bank reconciliation in Exercise S4-4. make the company's journal entries for transactions that arise from the bank reconciliation. Include an explanation with each entry