Hills Company's June 30 bank statement and the June ledger account for cash are summarized here: BANK STATEMENT Checks Deposits $16,900 Balance, June 1 Deposits during June Checks cleared during June Bank service charges Balance, June 30 $18, 100 Other Balance $ 7,000 23,900 5,800 $29 5,771 5,771 June 1 June Balance Deposits Balance Cash (A) 7,000 17,000 18,400 5,600 Checks written June June 30 Required: 1. Prepare a bank reconciliation. A comparison of the checks written with the checks that have cleared the bank shows outstanding checks of $300. Some of the checks that cleared in June were written prior to June. No deposits in transit were noted in May, but a deposit is in transit at the end of June. HILLS COMPANY Bank Reconciliation June 30 Company's Books Ending Balance per Cash Account Additions: Bank Statement Ending Balance per Bank Statement Additions: 0 0 Deductions: Deductions: 0 Up-to-Date Cash Balance $ 0 Up-to-Date Cash Balance