prepare a bank reconciliation. A comparison of the checks written with the checks that have cleared the bank shows outstanding checks of $700. 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.

el ro his hotne, bst charged to the company Ldentifv the intemal control weak r allowed this theft to occur Preparing a Bank Reconciliation and Journal Entries, and Reporting Cash LO 6-4 te-s Compunys Jue 30, 2013, bank statement and the lane ledser account for csh ate Hills omatied here BANK STATEMENT Checks Deposits Balance $ 7.200 25.200 6.100 6,070 6,070 Other Belanice, Junme 1, 201 3 Dyots during June Checks cleared during June Bank service changes Badance, lune 30, 2011 $18,000 $19,100 530 Cash (A) 19.000 19.400 Checks written 6400 June Required: Prepim abank reconciltation. A comparison of the checks written with h the bark shows outstanding checks of $700 Sme f