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E 5 - 5 ( Algo ) Preparing a Bank Reconciliation and Journal Entries and Reporting Cash [ LO 5 - 4 ] Skip to
EAlgo Preparing a Bank Reconciliation and Journal Entries and Reporting Cash LO
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Hills Companys June bank statement and the June ledger account for cash are summarized here:
BANK STATEMENT
Checks Deposits Other Balance
Balance, June $
Deposits during June $
Checks cleared during June $
Bank service charges $
Balance, June
Cash A
Debit Credit
June Balance
June Deposits Checks written June
June Balance
EAlgo Part
In addition to the balance in its bank account, Hills Company also has $ of petty cash on hand. This amount is recorded in a separate account called Petty Cash on Hand. What is the total amount of cash that should be reported on the balance sheet at June
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