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help pls [The following information applies to the questions displayed below.] Hills Company's June 30 bank statement and the June ledger account for cash are
help pls
[The following information applies to the questions displayed below.] Hills Company's June 30 bank statement and the June ledger account for cash are summarized here: BANK STATEMENT Checks Deposits Other $ 17,200 Balance, June 1 Deposits during June Checks cleared during June Bank service charges Balance, June 30 Balance $ 7,040 24,240 5,940 5,910 5,910 $ 18,300 $ 30 Cash (A) Credit Debit Balance Deposits Balance June 1 June June 30 7,040 17,400 5,840 18,600 June Checks written Required: 1. Prepare a bank reconciliation. A comparison of the checks written with the checks that have cleared the bank shows outstanding checks of $300. Some of the checks that cleared in June were written prior to June. No deposits in transit were noted in May, but deposit is in transit at the end of June. [The following information applies to the questions displayed below.) Hills Company's June 30 bank statement and the June ledger account for cash are summarized here: BANK STATEMENT Checks Deposits Other $ 17,200 Balance, June 1 Deposits during June Checks cleared during June Bank service charges Balance, June 30 Balance $ 7,040 24, 240 5,940 5,910 5,910 $ 18,300 $ 30 Cash (A) Debit Credit June 1 June June 30 Balance Deposits Balance 7,040 17,400 5,840 18,600 Checks written June 2. Prepare any journal entries that should be made as a result of the bank reconciliation. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Hills Company's June 30 bank statement and the June ledger account for cash are summarized here: BANK STATEMENT Checks Deposits Other $ 17,200 Balance, June 1 Deposits during June Checks cleared during June Bank service charges Balance, June 30 Balance $ 7,040 24,240 5,940 5,910 5,910 $ 18,300 $ 30 Cash (A) Credit June 1 June June 30 Debit Balance Deposits Balance 7,040 17,400 5,840 18,600 Checks written June 3. What is the balance in the Cash account after the reconciliation entries? Cash Balance BANK STATEMENT Checks Deposits Other $ 17,200 Balance, June 1 Deposits during June Checks cleared during June Bank service charges Balance, June 30 Balance $ 7,040 24,240 5,940 5,910 5,910 $ 18,300 $ 30 Cash (A) Credit June 1 June June 30 Debit Balance Deposits Balance 7,040 17,400 5,840 18,600 Checks written June 4. In addition to the balance in its bank account, Hills Company also has $140 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 30? Total Amount of CashStep by Step Solution
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