Shown below is the "Cash" account for XYZ Co., and also the monthly statement from their bank. Although they both show the same beginning balance, the General Ledger shows a different ending cash balance from the bank statement - a reconciliation is required. Required 1) Prepare a reconciliation of the book balance to the bank balance. 2) Prepare a journal entry to record any necessary changes (if any) to the ledger balance The bank fees are charged by the bank to XYZ Co. every month and simply deducted straight from their bank account. Prepare a journal entry to record the bank fees (hint: debit to "Bank Fees Expense") Shown below is the "Cash" account for XYZ Co., and also the monthly statement from their bank. Although they both show the same beginning balance, the General Ledger shows a different ending cash balance from the bank statement - a reconciliation is required. Required 1) Prepare a reconciliation of the book balance to the bank balance. 2) Prepare a journal entry to record any necessary changes (if any) to the ledger balance The bank fees are charged by the bank to XYZ Co. every month and simply deducted straight from their bank account. Prepare a journal entry to record the bank fees (hint: debit to "Bank Fees Expense")