Reconciliation and Journal Entries $[$LO $5-4,$ LO $5-5]$

$[$The following information applies to the questions displayed below.$]$

The August bank statement and cash T$-$account for Martha Company follow:

BANK STATEMENT

No deposits were in transit and no checks were outstanding at the end of July.

CP$5-3($Algo$)$ Part $5$ and $6$

$5.$ After the reconciliation journal entries are posted, what balance will be reflected in the Cash account in the ledger?

$6.$ If the company also has $$170$ 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?

$5.$ Balance in Cash Accounts

$6.$ Total Amount of Cash and Cash Equivalents