Bank Reconciliation Use the following information to prepare a bank reconciliation for Young Company at June 30: 1 Balance per Cash account, June 30. $7.055.80 2 Balance per bank statement, June 30. 7.300.25 3 Deposits not reflected on bank statement 725 4 Outstanding checks, June 30. 1,260.45 5 Service charge on bank statement not recorded in books, 11 6 Error by bank-Yertel Company check charged on Young Company's bank statement, 550 7 check for advertising expense 250 thcorrectly recorded in books as 520 Note: Do not round answers enter using two decimal places, when needed, YOUNG COMPANY Bank Reconciliation June 30 $ 0 Balance from general ledger Add: 0 Add: Check Add: Bankerror-Vertal Company check record charged against Young Companys account Less: O Loss 5 0 0 0 OOO 0 5 0