Requireda. Prepare a bank reconciliation at June 30.b. Prepare the necessary journal entries to bring the general ledger Cash account into agreement with the adjusted balance on the bank reconciliation. Problem 7-6B Preparing a bank reconcillation and recording adjustmentsLO6CHECK FIGURE: a. Adjusted book balance = $13,929The bank reconciliation prepared by Village-on-the-Lake Condos on May 31, 2020, is shown below:Village-on-the-Lake CondosBank ReconciliationМay 31, 2020Bank statement balance..$ 2,060Book balance.$3,910Add:Deposit of May 31 in transit.12.500$14,560Deduct:Outstanding cheques:# 103.$6,520#120.4,13010.650Adjusted bank balance..$ 3,910Adjusted book balance.$3,910...................The Cash account in the general ledger appeared as follows on June 30:Page 528CashAcct. No. 101DateExplanationPRDebitCreditBalance2020May31Balance3,910June30CR2138,68042,59030CD1631,86110,729A list of deposits made and cheques written during June, taken from the cash receipts journal and cash disbursements journal, is shownbelow:Deposits MadeCheques WrittenJune 5..$ 590No.127.$ 2,10010..1,120128.45015.5,690129680204,510130,9,75027.7,830131.19630.12,600132,6,42030.6,340133.4,550Total June Cash Receipts. .$38,6806,780134.135.820136.115Total June Cash Disbursements.$31,861 The following bank statement is available for June:Bank StatementJune 30, 2020To: Village-on-the-Lake CondosBank of Nova ScotiaCheques/ChargesDeposits/CreditsBalance2,060#13306/024,55006/0212,50010,010#13606/0511506/0559010,485#12906/1068006/101,12010,925#13006/159,75006/155,6906,865#10306/206,52006/204,5104,855#13406/276,78006/277,8305,905#12806/3045006/3016,20021,655SC06/3040021,255NSF = Not SufficientSC = ServicePMT = PrincipalINT = InterestFundsChargePaymentIn reviewing deposits recorded by the bank, the bookkeeper discovered that the deposit from customer Darla Smith dated June=30, recorded in the cash receipts journal incorrectly as $12,600, was recorded by the bank correctly as $16,200.Page 529Requireda. Prepare a bank reconciliation at June 30.b. Prepare the necessary journal entries to bring the general ledger Cash account into agreement with the adjusted balance on the bankreconciliation.

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Journal entries shows the recording of transactions during an accounting year as every transaction…

a. Prepare a bank reconciliation at June 30. b. Prepare the necessary journal entries to bring the general ledger Cash account into agreement with the adjusted balance on the bank reconciliation