W1w 4.700 X BANK RECONCILIATION - Home Work 1 Luck Lucky Corporation prepares monthly bank reconciliations of its checking account balance. The bank statement for June, 2004 indicated the following: Balance, June 30, 2004 $59,350 Service charge for June 93 +Interest earned during June 1957 Bank Collection (not included on the books) NSF from Capital Corporation (deposited by Luck Lucky) 990 - NSF from Toledo Corporation (deposited by Luck Lucky) 3,002 - An analysis of canceled checks and deposits and the records of Luck Lucky revealed the following: Checking account balance per Luck Lucky's books $61,260 Outstanding cheque #118 dated June 29 3,500 Outstanding cheque #119 dated June 30 6,450 Deposit in transit dated June 29 4,350 Deposit in transit dated June 30 8,320 a. Prepare a Bank Reconciliation Statement for Luck Lucky Corporation:- b. Prepare the journal entries that Luck Lucky will need to make as a result of the bank reconciliation