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Required information ES-5 Preparing a Bank Reconciliation and Journal Entries and Reporting Cash (LO 5-4 The following information applies to the questions displayed below: Hills

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Required information ES-5 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 summartzed here Balance, June 1 Deposits during June Checks cleared during June Bank service charges Balance, June 30 BANK STATEMENT Checks Deposits Other Balance $ 7.08 $17,400 24,480 $18,500 5,980 5,95e 5,95e Cash (A) June 1 7,080 Balance Deposits June 17,88 18,800 Checks written June 3e Balance 6,888 E5-5 Part 1 Required: 1. Prepares bank reconciliation. A comparison of the checks witten with the checks that have cleared the bank shows outstanding checks of $300. Some of the checks that cleared in June werewen t o June. No deposits in ons were noted in May buto deports intents the end of June. HILLS COMPANY Rroon Bank Statement EndD RO Dont

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