Hills Company's June 30 bank statement and the June ledger account for cash are summarized here: BANK STATEMENT Checks Deposits Other Balance Balance, June 1 Deposits during June Checks cleared during June Bank service charges Balance, June 30 $ 7,120 24,720 6,020 5,990 5,990 $17,600 $18,700 $30 Cash (A) 7,120 18,200 Balance Deposits June 1 June 19,000 Checks written June June 30 Balance 6,320 E5-5 Part 1 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. of 5 Lab Template .dock Lab.01, Mcbiledocx 1 Record the service charges of $30 deducted by the bank. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal 4 5 o 5 E5-5 Part 3 3. What is the balance in the Cash account after the reconciliation entries? Cash Balance