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Prepare any journal entries that the company should make as a result of the bank reconciliation. (If no entry is required for a transaction/event, select

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Prepare any journal entries that the company should make 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.)

After the reconciliation journal entries are posted, what balance will be reflected in the Cash account in the ledger?

If the company also has $140 of petty cash on hand, which is recorded in a different account called Petty Cash on Hand, what total amount of Cash and Cash Equivalents should be reported on the August 31 balance sheet?

The August bank statement and cash T-account for Martha Company follow: BANK STATEMENT Checks Deposits Other Date Aug. 1 2 $ 380 $ 13, 200 480 330 1,050 390 Balance $19,190 18,810 32,010 31,530 31,200 30,150 29,760 34,160 33, 680 10,080 17,680 16,820 16,850 16,840 E E 4,400 23,600 7,600 $30 Interest earned Service charge 10 Balance Aug. 1 Deposits Aug. 2 Aug. 600 100 Cash (A) 19,190 Checks written 13,200 380 4,400 480 330 390 1,050 370 670 860 480 23,600 21,180 wo sinu WN Aug. 31 Balance No deposits were in transit and no checks were outstanding at the end of July. 3.Prepare a bank reconciliation for August. TIP: Any item in the accounting records without check marks should appear on the bank statement side of the bank reconciliation. Any items in the bank statement without check marks should appear on the company's books side of the bank reconciliation. MARTHA COMPANY Bank Reconciliation At August 31 Company's Books $ 16,840 Ending Balance per Cash Account Additions: Bank Statement Ending Balance per Bank Statement Additions: Deposit in Transit 5,400 10 Bank Service Charges 5,410 22,250 Deductions: 370 Deductions: Outstanding Checks Outstanding Checks Interest Earned Up-to-Date Cash Balance 670 30 1,070 Up-to-Date Cash Balance

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