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1 Part 1 of 4 Required information [The following information applies to the questions displayed below.] Hills Company's June 30 bank statement and the June
1 Part 1 of 4 Required information [The following information applies to the questions displayed below.] Hills Company's June 30 bank statement and the June ledger account for cash are summarized here: 5 points eBook Balance, June 1 Deposits during June Checks cleared during June Bank service charges Balance, June 30 BANK STATEMENT Checks Deposits Other Balance $ 18,000 $ 7,200 25,200 $ 19,100 6,100 $ 30 6,070 6,070 Cash (A) Debit Credit Hint June 1 June June 30 Balance Deposits Balance 6,800 19,000 6,400 19,400 Checks written June Print References Required: 1. Prepare a bank reconciliation. A comparison of the checks written with the checks that have cleared the bank shows outstanding checks of $700. Some of the checks that cleared in June were written prior to June. No deposits in transit were noted in May, but a deposit is in transit at the end of June. Bank Statement Ending Balance per Bank Statement Additions: Bank Service Charges Deductions: HILLS COMPANY Bank Reconciliation June 30 Company's Books Ending Balance per Cash Account Additions: 0 0 Deductions: 0 0 0 0 Up-to-Date Cash Balance $ 0 Up-to-Date Cash Balance S 0
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