BANK STATEMENT Checks Deposits $15,950 Balance, June 1 Deposits during June Checks cleared during June Bank service charges Balance, June 30 $16,700 Balance $ 7,750 23,700 7,000 6,973 6,973 Cash (A) June Checks written 19,250 June 1 Balance June Deposits 7,750 18,400 Required: 1. Reconcile the bank account. A comparison of the checks written with the checks that have cleared the bank shows outstanding checks of $2,550. A deposit of $2,450 is in transit at the end of June. BENTLEY COMPANY Bank Reconciliation, June 30 Company's Books Bank Statement Additions: Additions: Deductions: Deductions: Correct cash balance 6,873 Correct cash balance 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 Record service charges deducted from bank account. Note: Enter debits before credits. Date General Journal Credit Debit 27 June 30 Cash Record entry Clear entry View general journal