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Required information E 5 - 5 ( Algo ) Preparing a Bank Reconciliation and Journal Entries and Reporting Cash [ LO 5 - 4 ]

Required information
E5-5(Algo) Preparing a Bank Reconciliation and Journal Entries and Reporting Cash [LO 5-4]
[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:
E5-5(Algo) Part 1
Required:
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 a deposit is in transit at the end of June.
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