Hills Company's June 30 bank statement and the June ledger account for cash are summarized here: Withdrawals Deposits $25, 560 Balance, June 1 Deposits during June Cheques cleared during June Bank service charges Balance, June 30 Balance $ 9,000 34, 560 4,660 4, 450 4, 450 $29,900 210 Cash (A) June 1 June Balance Deposits 8,600 28,000 29, 960 Cheques written June June 30 Balance 6,640 Required: 1. Prepare a bank reconciliation. A comparison of the cheques written with the cheques that have cleared the bank shows outstanding cheques of $460. 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. HILLS COMPANY Bank Reconciliation June 30 Company's books Ending balance per cash account Additions: Bank statement Ending balance per bank statement Additions: Deposit in transit Deductions: Outstanding cheques Up-to-date cash balance Deductions: Bank service charge 0Up-to-date cash balance $ 2. Prepare the journal entry that should be made as a result of the bank reconciliation. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the journal entry that should be made as a result of the bank reconciliation. Note: Enter debits before credits. Transaction Debit Credit General Journal Office expenses Cash Record entry Clear entry View general journal 3. What is the balance in the Cash account after the reconciliation entries? Cash balance 4. In addition to the balance in its bank account, Hills Company also has $480 cash on hand. This amount is recorded in a separate T- account called Cash on Hand. What is the total amount of cash that should be reported on the balance sheet at June 30? Cash