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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
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: Balance, June 1 Deposits during June Checks cleared during June Bank service charges Balance, June 30 BANK STATEMENT Checks Deposits Other Balance $ 7,380 $ 18,900 26,280 $ 20,000 6,280 $ 31 6,249 6,249 Cash (A) Debit Credit June 1 June Balance Deposits June 30. Balance 7,380 20,800 7,880 20,300 Checks written June E5-5 (Algo) Part 4 4. In addition to the balance in its bank account, Hills Company also has $440 of petty cash on hand. This amount is recorded in a separate account called Petty Cash on Hand. What is the total amount of cash that should be reported on the balance sheet at June 30? Total Amount of Cash
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