ter 5, 6 & 7 i Sa Hills Company's June 30 bank statement and the June ledger account for cash are summarized here: Withdrawals Deposits $18, eee Balance, June 1 Deposits during June Cheques cleared during June Bank service charges Balance, June 30 Balance $ 7,200 25,209 6.lee 6,070 $19, 120 3e 6.ee Cash (A) June 1 June Balance Deposits 6, see 19, eee 19,480 Cheques written June June 30 Balance 6,480 Required: 1. Prepare a bank reconciliation. A comparison of the cheques written with the cheques that have cleared the bank shows outstanding cheques of $700. Some of the cheques 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 Bank statement Ending balance per bank statement Additions HILLS COMPANY Bank Reconciliation June 30 Company's books Ending balance per cash account Additions Deductions Deductions: Up to date cash balance Up-to-date cash balance 2. Prepare the journal entry that should be made as a result of the bank reconciliation (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View bransaction list Journal entry worksheet Record the journal entry that should be made as a result of the bank reconciliation. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clearly 3. What is the balance in the cash account after the reconciliation entries? 4. In addition to the balance in its bank account. His Company also has $300 cash on hand. This amount is recorded in a separate T- account called Cash on Hand. What is the total amount of cash that should be reported on the balance sheet at June 302 Cat