E6-28 (Algo) Preparing Bank Reconciliation and Entries and Reporting Cash L06-4 The September 30 bank statement for Bennett Company and the September ledger account for cash are summarized here. BANK STATEMENT Checks Balance, September 1 Deposits recorded during September Checks cleared during September $26,900 NSF checks-Betty Brown Bank service charges Balance, September 30 $26.550 180 Cash (A) Sept. Checks written Sept. 1 Balance Sept. Deposits 7,300 28,850 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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Reconcile the bank account. BENNETT COMPANY Bank Reconciliation, September 30 Bank Statement Company's Books 12 !! Next