Required information (The following information applies to the questions displayed below.) Hills Company's June 30 bank statement and the June ledger account for cash are summarized here: BANK STATEMENT Checks Deposits Other $ 18,000 Balance, June 1 Deposits during June Checks cleared during June Bank service charges Balance, June 30 Balance $ 7,200 25,200 6,100 6,070 6,070 $ 19, 100 $ 30 Cash (A) Credit June 1 June June 30 Debit Balance Deposits Balance 6,800 19,000 6,400 19,400 Checks written June Required: 1. 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. HILLS COMPANY Bank Reconciliation June 30 Bank Statement Ending Balance per Bank Statement Additions: Company's Books Ending Balance per Cash Account Additions: 0 0 0 0 Deductions: Deductions: 0 0 Up-to-Date Cash Balance $ o Up-to-Date Cash Balance $ 0 3. What is the balance in the Cash account after the reconciliation entries? Cash Balance