The bank reconciliation prepared by Gatz Company on May 31, 2017, appeared as follows:

GATZ COMPANY
Bank Reconciliation
May 31, 2017
Bank statement balance		$9,364.35	Book balance		$19,639.00
Add:
Deposit of May 31 in transit		959.00
		$10,323.35
Deduct:			Deduct:
Outstanding cheques:			NSF cheque plus service
#876	$643.00		charge	$11,655.65
#882	1,763.00	2,406.00	Bank service charge	66.00	11,721.65
Adjusted bank balance		$7,917.35	Adjusted book balance		$7,917.35

The Cash account in the General Ledger appeared as follows on June 30 (Gatz uses only a General Journal to record transactions):

Cash					Acct. No. 101
Date	Explanation	PR	Debit	Credit	Balance
2017
May 31	Balance				7,917.35
June 1	Cheque #883	GJ16		1,850.00	6,067.35
1	Cheque #884	GJ16		107.00	5,960.35
3	Cheque #885	GJ16		618.00	5,342.35
4	Cheque #886	GJ16		1,917.00	3,425.35
9	Deposit	GJ16	4,586.00		8,011.35
12	Cheque #887	GJ16		425.15	7,586.20
12	Cheque #888	GJ16		3,143.00	4,443.20
12	Cheque #889	GJ16		937.00	3,506.20
18	Deposit	GJ16	3,886.00		7,392.20
20	Cheque #890	GJ16		2,540.00	4,852.20
21	Cheque #891	GJ16		1,406.24	3,445.96
24	Cheque #892	GJ16		2,495.00	950.96
26	Cheque #893	GJ16		71.00	879.96
29	Deposit	GJ16	1,748.00		2,627.96

The following bank statement is available for June:

Bank Statement
To: Gatz Company			June 30, 2017 Bank of Montreal
Cheques/Charges			Deposits/Credits		Balance
			05/31		9,364.35
#884	06/01	107.00	06/01	959.00	10,216.35
#883	06/04	1,850.00			8,366.35
#876	06/09	643.00	06/09	4,586.00	12,309.35
#889	06/12	937.00			11,372.35
#882	06/14	1,763.00			9,609.35
#887	06/18	245.15	06/18	3,886.00	13,250.20
#885	06/20	618.00			12,632.20
#891	06/21	1,046.24			11,585.96
#886	06/29	1,917.00			9,668.96
SC	06/30	72.00	06/30		9,596.96

NSF = Not Sufficient Funds	SC = Service Charge	PMT = Principal Payment	INT = Interest

Required: a. Prepare a bank reconciliation at June 30, 2017. Assume that any errors made were by the book keeper (cheque #887 was for office supplies; cheque #891 was for utilities expense). (Round the final answers to the nearest cent.) b. Prepare the necessary entries resulting from the bank reconciliation. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest cent.)