PROBLEM 1. Your solution should appear on the next page. Bentley Company's June 30 bank statement and June ledger account for cash are summarized below. Checks Deposits Balance $ 16,200 BANK STATEMENT: Balance, June 1 Deposits during June Checks cleared during June Bank service charges Balance, June 30 $ 16,600 40 $ 6,500 22,700 6,100 6,060 6,060 BOOKS: Cash June 1 Balance June Deposits 6,500 June Checks written 19,000 18,100 Required: 1. Prepare a bank reconciliation in good form. A comparison of the checks written with the checks that have cleared the bank shows outstanding checks of $2,400. A deposit of $1,900 is in transit at the end of June. Give any journal entries that should be made as a result of the bank reconciliation. 2