Bentley Companys June 30 bank statement and June ledger account for cash are summarized below:

BANK STATEMENT
	Checks				Deposits				Balance
Balance, June 1										$	6,500
Deposits during June						$	16,200				22,700
Checks cleared during June		$	16,600								6,100
Bank service charges			40								6,060
Balance, June 30											6,060

Cash (A)
June 1 Balance	6,500	June Checks written	19,000
June Deposits	18,100

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?

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. BENTLEY COMPANY Bank Reconciliation, June 30 Company's Books Bank Statement Additions: Additions: Deductions: Deductions: Correct cash balance Correct cash balance