Hills Company's June 30 bank statement and the June ledger account for cash are summarized here: Withdrawals Deposits $26,400 Balance, June 1 Deposits during June Cheques cleared during June Bank service charges Balance, June 30 Balance $ 9,200 35,600 4,500 4,270 4,270 $31,100 230 + Cash (A) June 1 June Balance Deposits 8,800 29,000 31,200 Cheques written June June 30 Balance 6,600 Required: 1. Prepare a bank reconciliation. A comparison of the cheques written with the cheques that have cleared the bank shows outstanding cheques of $500. Some of the cheques 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