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Preparing a Bank Reconciliation and Journal Entries and Reporting Cash for the following information [The following information applies to the questions displayed below.] Hills Companys
Preparing a Bank Reconciliation and Journal Entries and Reporting Cash for the following information
[The following information applies to the questions displayed below.]
| Hills Companys 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 | $ | 19,100 | 6,100 | |||||||||
| Bank service charges | $ | 30 | 6,070 | |||||||||
| Balance, June 30 | 6,070 | |||||||||||
| Cash (A) |
| June 1 | Balance | 6,800 | |||
| June | Deposits | 19,000 | 19,400 | Checks written June | |
| June 30 | Balance | 6,400 | |||
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