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of 4 Information [The following information applies to the questions displayed below.) Hills Company's June 30 bank statement and the June ledger account for cash
of 4 Information [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 Balance Balance, June 1 $ 7,200 Deposits during June $18,000 25,200 Checks cleared during June Bank service charges $19, 180 6, 100 $30 6,070 Balance, June 30 6,070 ok June 1 June June 30 Balance Deposits Balance Cash (A) 6,800 19,000 19,400 Checks written June 6,400 ences 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 Journal entry worksheet Record the service charges of $30 deducted by the bank. Note: Enter debits before credits Transaction General Journal Debit Credit 1 Record entry Clear entry View general Journal 3. What is the balance in the Cash account after the reconciliation entries? Cash Balance inces 4. In addition to the balance in its bank account, Hills Company also has $300 of petty cash on hand. This amount is recorded in a separate T-account called Petty Cash on Hand. What is the total amount of cash that should be reported on the balance sheet at June 302 Total Amount of Cash
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