1 The January 31 st , 2018, bank statement for Jenner Corporation and the January ledger accounts for cash are summarized here BANK STATEMENT Checks Deposits Balance Balance, December 31 st , 2017 $ 7,500 Deposits recorded during January $25,900 33,400 Checks cleared during January $25,400 8,000 NSF checks Theresa Mai 370 7,630 Bank service charges 70 7,560 Balance, January 31 st , 2018 7,560 Cash (A) Dec 31 st 2017 Balance 7,500 January Checks Written 28,900 January Deposits 28,100 No outstanding checks and no deposits in transit were carried over from December however, there are deposits in transit and checks outstanding at the end of January a) Reconcile the bank account b) Give any journal entries that should be made as the result of the bank reconciliation c) What should the balance in the Cash account be after the reconciliation entries d) What total amount of cash should the company report on the June 30 balance sheet

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1  The January 31 st , 2018, bank statement for Jenner Corporation and the January ledger accounts for cash are summarized here  BANK STATEMENT Checks Deposits Balance Balance, December 31 st , 2017 $ 7,500 Deposits recorded during January $25,900 33,400 Checks cleared during January $25,400 8,000 NSF checks Theresa Mai 370 7,630 Bank service charges 70 7,560 Balance, January 31 st , 2018 7,560 Cash (A) Dec  31 st 2017 Balance 7,500 January Checks Written 28,900 January Deposits 28,100 No outstanding checks and no deposits in transit were carried over from December  however, there are deposits in transit and checks outstanding at the end of January  a) Reconcile the bank account  b) Give any journal entries that should be made as the result of the bank reconciliation  c) What should the balance in the Cash account be after the reconciliation entries   d) What total amount of cash should the company report on the June 30 balance sheet

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1. The January 31 st , 2018, bank statement for Jenner Corporation and the January ledger accounts for cash are summarized here: BANK STATEMENT Checks

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BANK STATEMENT
	Checks	Deposits	Balance
Balance, December 31^st, 2017			$ 7,500
Deposits recorded during January		$25,900	33,400
Checks cleared during January	$25,400		8,000
NSF checks Theresa Mai	370		7,630
Bank service charges	70		7,560
Balance, January 31^st, 2018			7,560