Cookie Creations 8 Part 2 a-c (Part Level Submission) Natalie decides that she cannot afford to hire John to do her accounting. One way that she can ensure that her cash account does not have any errors and is accurate and up-to-date is to prepare a bank reconciliation at the end of each month. Natalie would like you to help her. She asks you to prepare a bank reconciliation for June 2020 using the following information. GENERAL LEDGER-COOKIE CREATIONS Cash Date Explanation Ref Debit Credit Balance 2020 June 1 Balance 2,657 750 3,407 3 Check #600 625 2,782 3 Check #601 2,687 8 Check #602 56 2,631 1,050 3,681 13 Check #603 425 3,256 20 155 3,411 28 Check #604 297 3,114 28 110 3,224 1 95 9 Date May 31 June 1 6 Balance 3,256 4,006 3,381 3,286 3,230 4,280 6 PREMIER BANK Statement of Account-Cookie Creations June 30, 2020 Explanation Checks and Other Debits Deposits Balance Deposit 750 Check #600 625 Check #601 95 Check #602 56 Deposit 1,050 NSF check 100 NSF-fee 35 Check #603 452 Deposit 125 EFT-Telus 85 Check #599 361 Bank charges 13 8 9 10 10 4,145 3,693 14 20 23 3,818 3,733 3,372 3,359 28 30 1. 2. 3. 4. On May 31, there were two outstanding checks: #595 for $238 and #599 for $361. Premier Bank made a posting error to the bank statement: check #603 was issued for $425, not $452. The deposit made on June 20 was for $125 that Natalie received for teaching a class. Natalie made an error in recording this transaction. The electronic funds transfer (EFT) was for Natalie's cell phone use. Remember that she uses this phone only for business. The NSF check was from Ron Black. Natalie received this check for teaching a class to Ron's children. Natalie contacted Ron, and he assured her that she will receive a check in the mail for the outstanding amount of the invoice and the NSF bank charge. 5. (c) If a balance sheet is prepared for Cookie Creations at June 30, what balance will be reported as cash in the current assets section? If a balance sheet were prepared, cash at June 30th, 2020 would be $ Click if you would like to Show Work for this question: Open Show Work