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

GATZ COMPANY
Bank Reconciliation
May 31, 2020
Bank statement balance				$	8,664.35		Book balance				$	18,169.00
Add:
Deposit of May 31 in transit					889.00
				$	9,553.35
Deduct:							Deduct:
Outstanding cheques:							NSF cheque plus service charge	$	10,780.65
#876	$	594.00
#882		1,630.00			2,224.00		Bank service charge		59.00			10,839.65
Adjusted bank balance				$	7,329.35		Adjusted book balance				$	7,329.35

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								7,329.35
June 1		Cheque #883		GJ16				1,829.00		5,500.35
1		Cheque #884		GJ16				107.00		5,393.35
3		Cheque #885		GJ16				618.00		4,775.35
4		Cheque #886		GJ16				1,917.00		2,858.35
9		Deposit		GJ16		4,537.00				7,395.35
12		Cheque #887		GJ16				425.15		6,970.20
12		Cheque #888		GJ16				3,108.00		3,862.20
12		Cheque #889		GJ16				930.00		2,932.20
18		Deposit		GJ16		3,837.00				6,769.20
20		Cheque #890		GJ16				2,519.00		4,250.20
21		Cheque #891		GJ16				1,406.24		2,843.96
24		Cheque #892		GJ16				2,474.00		369.96
26		Cheque #893		GJ16				71.00		298.96
29		Deposit		GJ16		1,727.00				2,025.96

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			8,664.35
#884	06/01	107.00	06/01	889.00		9,446.35
#883	06/04	1,829.00				7,617.35
#876	06/09	594.00	06/09	4,537.00		11,560.35
#889	06/12	930.00				10,630.35
#882	06/14	1,630.00				9,000.35
#887	06/18	245.15	06/18	3,837.00		12,592.20
#885	06/20	618.00				11,974.20
#891	06/21	1,046.24				10,927.96
#886	06/29	1,917.00				9,010.96
SC	06/30	72.00	06/30			8,938.96
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.