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apter 5, 6 & 70 Saved Hills Company's June 30 bank statement and the June ledger account for cash are summarized here: withdrawals Deposits $18,
apter 5, 6 & 70 Saved Hills Company's June 30 bank statement and the June ledger account for cash are summarized here: withdrawals Deposits $18, Balance, June 1 Deposits during June Cheques cleared during June Bank service charges Balance, June 30 $19, lee Balance $ 7,200 25, 2e 6,100 6, eze 6.ee Cash (A) June 1 June Balance Deposits 6,800 19.ee 19,400 Cheques written June June je Balance 6,480 Required: 1. Prepare a bank reconciliation. A comparison of the cheques written with the cheques that have cleared the bank shows outstanding cheques of $700. Some of the cheques 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 Addisons HILLS COMPANY Bank Reconciliation June 30 Company's books Ending balance per cash count Additions 0 Deductions Deductions Up-to-date cash balance S o Up-to-date cash balance 5 2. Prepare the journal entry 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
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