The September 30 bank statement for Bennett Company and the September ledger accounts for cash are summarized here: Deposits BANK STATEMENT checks Balance, September 1 Deposits recorded during September Checks cleared during September $26,850 NSF checks-Betty Brown 180 Bank service charges 45 Balance, September 30 $26,100 Balance $ 6,650 32,750 5,900 5,720 5,675 5,675 Sept. 1 Balance Sept. Deposits Cash (A) 6,650 Sept. Checks written 28,600 29,700 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. BENNETT COMPANY Bank Reconciliation, September 30 Company's Books Bank Statement Additions: Additions: Deductions: Deductions: Correct cash balance Correct cash balance 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 1 2 Record service charges deducted from bank account. Note: Enter debits before credits Transaction General Journal Debit Credit 1 Record entry Clear entry View general Journal View transaction list Journal entry worksheet 1 13 Record entry for customer check returned due to insufficient funds. Note: Enter debits before credits General Journal Debit Credit Transaction 2 Record entry Clear entry View general Journal 3. What should the balance in the Cash account be after the reconciliation entries? Cash balance 4. What total amount of cash should the company report on the September 30 balance sheet? Total amount of cash