Problem 6: Bank Reconciliation and Journal Entries Rebel Company's cash account has a year end balance of $20,300. Outstanding checks as of year end totaled $1,500. Deposits in transit totaled $4,300 at year end. The bank incorrectly recorded a deposit of $680 that was correctly recorded by the Rebel Company as $480. A non- sufficient fund check of $220 is included in the year end balance on the books of Rebel Company. Rebel Company incorrectly recorded a check disbursement on their books for $220 that correctly cleared the bank for $520. The amount was originally posted to Maintenance Expense. The bank statement shows a service charge of $40 on the account. The bank collected a note on behalf of the Rebel Company that included $2,500 in principal and $150 in interest. The service charge and note collection are on the bank statement but not yet on the books of the Rebel Company. The balance per the bank statement is $19,790. Hint: Typing in the bank reconciliation into the answer space for question 16 is easier if you put the two sides of the reconciliation on top of each other instead of side-by-side. Either way will be acceptable. Using the above information, answer questions 16-17.