Eb-28 (Algo) Preparing Bank Reconciliation and Entries and Reporting casn LOW-4 The September 30 bank statement for Bennett Company and the September ledger account for cash are summarized here: BANK STATEMENT Check Balance, September Deposito recorded during September Checks cleared during September $26,550 NSP checks Betty Brown 140 Bank service charges 51 Balance, September 30 Deposits $26,200 Balance $ 6,700 32,900 6,350 6,210 6,159 6,159 Sept. 1 Balance sept. Deposit Cash 6,700 Sept. Checks written 20.950 29,150 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: Required 2 Recured Required 4 Reconcile the bank account BENNETT COMPANY Bank Reconciliation, September 30 Company's Books Ending balance per cash account Anne Bank Statement 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 Ending balanon per cash account Additions: Additions: 0 0 Deductions: eductions: 0 Correct cash balance Correct cash balance Here Required 2 > Journal entry worksheet Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Prepare the journal entries that should be made as the result of the bank reconciliation. (If no entry is required for a transa select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record service charges deducted from bank account. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general Journal 3 nts Required 1 Required 2 Required 3 Required 4 Skipped Prepare the journal entries that should be made as the result of the bank reconciliation. (If no entry is required select "No journal entry required" in the first account field.) View transaction list eBook Journal entry worksheet Hint 1 2 3 4 to Print Record entry for customer check returned due to insufficient funds. References Note: Enter debits before credits Transaction General Journal Debit Credit D Record entry Clear entry View general Journal Checks Deposita $26,200 Balance, September 1 Deposits recorded during September Checks cleared during September NSF check-Betty Brown Bank service charges Balance, September 30 526,550 140 51 Balance $ 6,700 32,900 6,350 6,210 6,159 6,159 Sept. 1 Balance Sept. Deposits Cash 6,700 Sept. Checks written 28,950 29,150 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 What total amount of cash should the company report on the September 30 balance sheet? Total amount of cash
