Ch 6 Homework ETRA CO. Bank Reconciliation 30-Jun-00 Balance Per Bank Statement Add: Deduct: Adjusted balance Balance Per Depositor's Records (G/L)... Add: Deduct: Adjusted balance Journal entry Bank Reconciliation, Ch. 6 Homework The cash account for Etra Co. at June 30 of the current year indicated a balance of $6,210. The bank statement indicated a balance of $8,640 on June 30. Comparing the bank statement, the canceled checks, and the accompanying memorandums with the records revealed the following reconciling items. Checks outstanding totaled $6,575 A deposit of 4,500, representing receipts of June 30, had been made too late to appear in the bank statement. A check for $510 returned with the statement had been recorded by Etra Co, as $150. The check was for the payment of A/P. d. The bank had collected for Etra Co. $730 on a note left for collection. The face of the note was $700. e. Bank service charges for June amounted to $15. Instructions: 1 Prepare a bank reconciliation as of June 30. Journalize the necessary entries