Question 1: Bank Reconciliation 18 marks The following information is available for Purple Bay Company regarding its June 30, 2011, bank statement: -Balance per bank statement is $9,250.34. - Balance per books is $7,831.78.+ Cheque #432 for $875.52 and cheque #444 for $1,478.25 were not returned with the June 30 bank statement. - A deposit in transit of $3,651.21 had not been received by the bank when the bank statement was generated. - A bank debit memo indicated an NSF cheque written by Bruce Garrett to Purple Bay Company on June 13 for $239. - Abank credit memo indicated a bank collection of $2,900 and interest revenue of $75 on June 20. - The bank statement indicated service charges of $20. Required: Prepare a bank reconciliation for Purple BAy Company dated June 30, 2011 and any required journal entries. Bank Reconcilation