- Prepare the bank reconciliation for Tip Corporation for Jun 30, 2021 using the following information:

The balance on the Jun 30, 2021 bank statement is $31,245.

The balance on the cash account in the book on Jun 30, 2021 is $31757

The bank mistakenly recorded a deposit of $1,242 made by Tip Corporation on Jun 18 into the account of a different company.

The bank statement indicated bank service charges of $65 for Jun 30, 2021.

The bank statement shows an NSF cheque charge of $195.

Outstanding cheques as of Jun 30, 2021, amount to $2,630.

Deposits in transit as of Jun 30, 2021, amount to $1,670.