Question 1 Bank reconciliation statement 10 marks Required: From the information given below, prepare the bank reconciliation on 30 June 2020. The following information relates to the cash position of Canada Traders: Balances as at 30 September 2020: Cash at Bank: $90 902 debit. Bank statement: $95 024 credit. Additional information: . On 30 June receipts amounting to $3 640 have not been recorded by the bank. . Cheques issued by Canada Traders, but not presented at the bank, totalled $6 936. . The bank statement reflected a $624 cheque that was returned and marked "Insufficient Funds". The cheque had been received from Mr T Toronto, a debtor of Canada Traders. . A deposit of $1 500 deposit by Mr Vancouver was incorrectly credited to the Canada Trader's bank account. . $50, for service fees were charged by the bank to the business's account of Canada Traders. . The transactions were not recorded in the journal