Hills Company's June 30 bank statement and the June ledger account for cash are summarized here: BANK STATEMENT Checks Balance, June 1 Deposits during June Checks cleared during June $19,800 Bank service charges Balance, June 30 Deposits Other Balance $ 7,340 $18,700 26,040 6,240 $31 6,209 6,209 June 1 June Cash (A) 7,340 20,400 20,100 Checks written June 7,640 Balance Deposits Balance ces June 30 14 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. oped HILLS COMPANY Bank Reconciliation June 30 Company's Books Ending Balance per Cash Account Additions: Book Bank Statement Ending Balance per Bank Statement Additions: Print rences 0 Deductions: 0 Deductions: o Up-to-Date Cash Balance Up-to-Date Cash Balance $ $