4 PART QUESTION

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: 4 BANK STATEMENT Checks Deposits Other Balance $ 7,200 Balance, June 1 Deposits during $18,000 25,200 June Checks cleared during June Bank service $19,100 6,100 $30 6,070 charges Balance, June 30 6,070 Cash (A) June 1 6,800 Balance Deposits 19, 000 19.400 Checks written June June 6,400 June 30 Balance 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. HILLS COMPANY Bank Reconciliation June 30 Company's Books Bank Statement Ending Balance per Bank Statement Ending Balance per Cash Account Additions: Additions: 00 0 Deductions: Deductions: Up-to-Date Cash Balance Up-to-Date Cash Balance S $ 0 ! 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: BANK STATEMENT Deposits Other Balance $ 7,200 Checks Balance, June 1 Deposits during June Checks cleared $18,000 25,200 $19,100 6,100 during June Bank service charges Balance, June 30 $30 6,070 6,070 Cash (A) 6,800 Balance June 1 Checks Deposits 19,000 19,400 written June June 6,400 June 30 Balance 2. Prepare anyjournal entries that should be made as a result of the bank reconciliation. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet > Record the service charges of $30 deducted by the bank Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry View general journal Clear entry 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: BANK STATEMENT Deposits Other Balance $ 7,200 Checks Balance, June 1 Deposits during $18,000 25,200 June Checks cleared during June Bank service $19,100 6,100 $30 6,070 charges Balance, June 30 6,070 Cash (A) June 1 Balance 6,800 Checks Deposits 19,000 19,400 written June June 6,400 June 30 Balance 3. What is the balance in the Cash account after the reconciliation entries? Cash Balance 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: BANK STATEMENT Checks Deposits Other Balance $ 7,200 Balance, June 1 Deposits during $18,000 25,200 June Checks cleared $19,100 6,100 during June Bank service $30 6,070 charges Balance, June 30 6,070 Cash (A) Balance June 1 6,800 Checks Deposits 19,000 19,400 written June June 6,400 June 30 Balance 4. In addition to the balance in its bank account, Hills Company also has $300 of petty cash on hand. This amount is recorded in a separate T-account called Petty Cash on Hand. What is the total amount of cash that should be reported on the balance sheet at June 30? Total Amount of Cash