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Bentley Companys June 30, 2014, bank statement and June ledger accounts for cash are summarized below: BANK STATEMENT Checks Deposits Balance Balance, June 1, 2014

Bentley Companys June 30, 2014, bank statement and June ledger accounts for cash are summarized below:

BANK STATEMENT
Checks Deposits Balance
Balance, June 1, 2014 $ 7,800
Deposits during June $ 15,950 23,750
Checks cleared during June $ 16,300 7,450
Bank service charges 27 7,423
Balance, June 30, 2014 7,423

Cash (A)
June 1 Balance 7,800 June Checks written 19,700
June Deposits 18,800

Required:
1. Reconcile the bank account. A comparison of the checks written with the checks that have cleared the bank shows outstanding checks of $3,400. A deposit of $2,850 is in transit at the end of June.

2.

Prepare thejournal 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.

3.What is the balance in the Cash account after the reconciliation entries?

What is the total amount of cash that should be reported on the balance sheet at June 30?

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