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Bentley Company's June 30 bank statement and June ledger account for cash are summarized below: Balance, June 1 Deposits during June. Checks cleared during
Bentley Company's June 30 bank statement and June ledger account for cash are summarized below: Balance, June 1 Deposits during June. Checks cleared during June Bank service charges Balance, June 30 BANK STATEMENT Checks Deposits Balance $ 6,500 $16,200 22,700 $16,600 40 6,100 6,060 6,060 Cash (A) June 1 Balance June Deposits 6,500 18,100 June Checks written 19,000 Required: 1. Reconcile the bank account. A comparison of the checks written with the checks that have cleared the bank shows outstanding checks of $2,400. A deposit of $1,900 is in transit at the end of June. 2. Prepare the journal entry that should be made as a result of the bank reconciliation. 3. What is the balance in the Cash account after the reconciliation entries? 4. What is the total amount of cash that should be reported on the balance sheet at June 30? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Reconcile the bank account. A comparison of the checks written with the checks that have cleared the bank shows outstanding checks of $2,4 deposit of $1,900 is in transit at the end of June. BENTLEY COMPANY Bank Reconciliation, June 30 Company's Books Bank Statement < Prev 4 of 4 Next
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