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Check The September 30 bank statement for Bennett Company and the September ledger account for cash are summarized here: Deposits BANK STATEMENT Checks Balance, September
Check The September 30 bank statement for Bennett Company and the September ledger account for cash are summarized here: Deposits BANK STATEMENT Checks Balance, September 1 Deposits recorded during September Checks cleared during September $27,400 NSF checks-Betty Brown 170 Bank service charges 60 Balance, September 30 $26,900 Balance $ 6,500 33,400 6,000 5,830 5,770 5, 770 Sept. 1 Balance Sept. Deposits Cash (A) Sept. Checks written 6,500 28,100 28,900 No outstanding checks and no deposits in transit were carried over from August; however, there are deposits in transit and checks outstanding at the end of September Required: 1. Reconcile the bank account. 2. Prepare the journal entries that should be made as the result of the bank reconciliation 3. What should the balance in the Cash account be after the reconciliation entries? 4. What total amount of cash should the company report on the September 30 balance sheet? Journal entry worksheet 2 3 4 > Record the entry for checks cleared during September. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general Journal 6 AR A 9
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