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Finn Company has just received its June 30 bank statement from City Bank.The bank statement and the cash account,summarized below,are to be reconciled for the month of June.
Balance,June 1 $6,800
Required:
a.Prepare a bank reconciliation using the following format:
b.Give the journal entries that should be made in the accounts of Finn Company as a result of the above bank reconciliation.
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