Gwydir Cotton Companys bank statement for the month of June and its general ledger cash account at the end of June are follows:

Other information: Gwydir had one deposit in transit of $2100 and one outstanding cheque (#200) of $1200 at 31 May. All cancelled cheque amounts agree with the bank statement.

Required

A: identify all deposits in transit and outstanding cheques at 30 June.

B: prepare a bank reconciliation for the month of June.

C: prepare all journal entries required by Gwydir at 30 June. Assume any debit memorandum is a service charge, any credit memorandum is a collection of an account receivable, and any error relates to an account payable.

Bank Statement its Other Balance Date 1 June #200 $2 100 840 16 #207 1400 3500 19 #208 1620 22 #209 150 2220 5 100 $100 8770 130 8640 Cash 1 June 9130 3500 2220 5100 1750 5June # 201 6June # 202 6 June #203 8June # 204 11 June # 205 15 June # 206 16 June # 207 18 June # 208 365 2000 1180 1400 1260 150 22 June # 210 26 June # 212 r information unudi