The September 30 bank statement for Bennett Company and the September ledger account for cash are summarized here: Deposits BANK STATEMENT Checks Balance, September 1 Deposits recorded during September Checks cleared during September $26,500 NSF checks-Betty Brown 170 Bank service charges 48 Balance, September 30 $26,650 Balance $ 7,250 33,900 7,400 7,230 7,182 7,182 Sept. 1 Balance Sept. Deposits 7,250 29,000 Cash (A) Sept. Checks written 29, 250 No outstanding checks and no deposits in transit were carried over from August; however, there are deposits in transit and checks outstanding at the end of September Required: 1. Reconcile the bank account. 2. Prepare the journal entries that should be made as the result of the bank reconciliation 3. What should the balance in the Cash account be after the reconciliation entries? 4. What total amount of cash should the company report on the September 30 balance sheet? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Reconcile the bank account. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Reconcile the bank account. BENNETT COMPANY Bank Reconciliation, September 30 Company's Books Bank Statement Additions: Additions: 0 D Deductions: Deductions: 0 Correctosh balance Correct cash balance Required 2) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Prepare the journal entries that should be made as the result of the bank reconciliation. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 Record the entry for deposits during September Note: Enter debits before credits Transaction A General Journal Debit Credit Record entry Clear entry View general journal Complete this question by entering your answers in the tabs below. Required 3 Required 4 Required 1 Required 2 Prepare the journal entries that should be made as the result of the bank reconciliation. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet 3 4 1 Record the entry for checks cleared during September. Note: Enter debits before credits Debit Credit General Journal Transaction B View general journal Clear entry Record entry Complete this question by entering your answers in the Required 1 Required 4 Required 2 Required 3 Prepare the journal entries that should be made as the result of the bank reconciliation (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 Record service charges deducted from bank account Note: Enter debits before credits Debit Credit General Journal Transaction View general Journal Record entry Clear entry 14 of 14 The September 30 bank statement for Bennett Company and the September ledger account for cash are summarized here: Deposits $26,650 BANK STATEMENT Checks Balance, September 1 Deposits recorded during September Checks cleared during September $26,500 NSF checks-Betty Brown 170 Bank service charges 48 Balance, September 30 Balance $ 7,250 33,900 7,400 7.230 7.182 7.182 29,250 Sept. 1 Balance Sept. Deposits Cash (A) 7,250 Sept. Checks written 29.680 No outstanding checks and no deposits in transit were carried over from August; however, there are deposits in transit and checks outstanding at the end of September Required: 1. Reconcile the bank account. 2. Prepare the journal entries that should be made as the result of the bank reconciliation 3. What should the balance in the Cash account be after the reconciliation entries? 4. What total amount of cash should the company report on the September 30 balance sheet? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What total amount of cash should the company report on the September 30 balance sheet? Total amount of cash
