The bank reconciliation prepared by Gatz Company on May 31, 2020, appeared as follows:

GATZ COMPANY
Bank Reconciliation
May 31, 2020
Bank statement balance				$	9,864.35		Book balance				$	20,685.00
Add:
Deposit of May 31 in transit					1,012.00
				$	10,876.35
Deduct:							Deduct:
Outstanding cheques:							NSF cheque plus service charge	$	12,274.65
#876	$	677.00
#882		1,857.00			2,534.00		Bank service charge		68.00			12,342.65
Adjusted bank balance				$	8,342.35		Adjusted book balance				$	8,342.35

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
2020
May 31		Balance								8,342.35
June 1		Cheque #883		GJ16				1,876.00		6,466.35
1		Cheque #884		GJ16				112.00		6,354.35
3		Cheque #885		GJ16				647.00		5,707.35
4		Cheque #886		GJ16				2,007.00		3,700.35
9		Deposit		GJ16		4,660.00				8,360.35
12		Cheque #887		GJ16				425.15		7,935.20
12		Cheque #888		GJ16				3,192.00		4,743.20
12		Cheque #889		GJ16				952.00		3,791.20
18		Deposit		GJ16		3,960.00				7,751.20
20		Cheque #890		GJ16				2,580.00		5,171.20
21		Cheque #891		GJ16				1,406.24		3,764.96
24		Cheque #892		GJ16				2,533.00		1,231.96
26		Cheque #893		GJ16				74.00		1,157.96
29		Deposit		GJ16		1,774.00				2,931.96

The following bank statement is available for June:

Bank Statement
To: Gatz Company			June 30, 2020 Bank of Montreal
Cheques/Charges			Deposits/Credits			Balance
			05/31			9,864.35
#884	06/01	112.00	06/01	1,012.00		10,764.35
#883	06/04	1,876.00				8,888.35
#876	06/09	677.00	06/09	4,660.00		12,871.35
#889	06/12	952.00				11,919.35
#882	06/14	1,857.00				10,062.35
#887	06/18	245.15	06/18	3,960.00		13,777.20
#885	06/20	647.00				13,130.20
#891	06/21	1,046.24				12,083.96
#886	06/29	2,007.00				10,076.96
SC	06/30	75.00	06/30			10,001.96
NSF = Not Sufficient Funds		SC = Service Charge	PMT = Principal Payment			INT = Interest

Required: a. Prepare a bank reconciliation at June 30, 2020. Assume that any errors made were by the bookkeeper (cheque #887 was for office supplies; cheque #891 was for utilities expense). (Round your answers to 2 decimal places.)

b. Prepare the necessary entries resulting from the bank reconciliation.