(Suggested time 8 - 10 minutes - 14 marks) The bank statement for Humbo dt Inc. shows an unadjusted balance of $2,330 at June 30, 2022, while the unadjusted cash balance per books was $599. The following information pertains to the bank transactions for the company. 1. Deposits of $160, represent ng cash receipts of June 30, did not appear on the bank statement. 2. Outstanding cheques totalled $240. 3. Bank service charges for June were $29. 4. Electronic collections on account totalled $1,770, and have not yet been recorded by the company. 5. An NSF cheque for $180 from a customer was returned with the statement 6. Cheque #18 was correctly written for $891.23 for a payment on account. It was processed by the bank for $981.23. Prepare any journal entries necessary as a result of the bank reconciliation. Explanations are equired