The June 30, 2020 bank statement for Zoltan Company and the June ledger accounts for cash are summarized below: Bank Statement Cheques Deposits $ 16,200 Balance, June 1, 2020 Deposits during June Cheques cleared through June Bank service charges Balance, June 30, 2020 Balance $ 6,900 23,100 6,100 6,060 6,060 $ 17,000 40 Cash in Bank 6,900 June Cheques written 18,100 June 1 Balance June Deposits 19,000 Cash on Hand 300 June 30 Balance Required: 1. Reconcile the bank balance to the book balance at June 30, 2020. A comparison of the cheques written with the cheques that have cleared the bank shows outstanding cheques of $2,000. No deposits in transit were carried over from May, but a deposit is in transit at the end of June. ZOLTAN COMPANY Bank Reconciliation, June 30, 2020 Company's Books Bank Statement Additions: Additions: Deposit in transit 0 O Deductions: Deductions: Outstanding cheques Ending correct cash balance $ 0 Ending correct cash balance $ 0 2. Prepare any journal entries 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 transaction list Journal entry worksheet Record deduction from bank account for service charges. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal 3. What is the balance in the cash in bank account after the reconciliation entries? Cash balance 4. What is the total amount of cash that should be reported on the statement of financial position at June 30, 2020? Statement of financial position (June 30, 2020): Current assets: Cash