the following information is available for the savvy company
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the following information is available for the savvy company the following information is available for the savvy company for the month of june.a. on june 30,after all transactions have have been recorded, the balance in the companys cash account has a balance of 17,202$b. the companys bank statement shows a balance on june 30 of 19,279$c .outstanding checks at june 30 total 2,984$d. a credit memo included with the bank statement indicates that the bank collected 770$ on a noninterest – bearing note receivable for savvy.e. a debit memo included with the bank statement shows a 67$ NSF check from a customer, J. Maroon.f. a deposit placed in the banks night depository on june 30 totaling 1,675$ did not appear on the bank statement.g. comparing the checks on the bank statement with the entries in the accounting records reveals that check #3445 for the payment of an account payable was correctly written for 2,450$, but was recorded in the accounting records as 2,540$.h. included with the bank statement was a debit memorandum in the amount of 25$ for the bank service charges. it has not been recorded on the companys books.1.prepare the june bank reconciliation, in paper format, for the savvy company2. prepare the general journal entries to bring the companys book balance of cash into conformity with the reconciled balance as of june 30.