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The September 30 bank statement for Bennett Company and the September ledger account for cash are summarized here: BANK STATEMENT Checks Deposits $ 26,000 $26,550
The September 30 bank statement for Bennett Company and the September ledger account for cash are summarized here: BANK STATEMENT Checks Deposits $ 26,000 $26,550 Balance, September 1 Deposits recorded during September Checks cleared during September NSF checks-Betty Brown Bank service charges Balance, September 30 Balance $ 6,650 32,650 6, 120 5,92 5,877 5,877 18e Cash (A) Sept. Checks written 29,400 Sept. 1 Balance Sept. Deposits 6,650 28,800 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. BENNETT COMPANY Bank Reconciliation, September 30 Company's Books Bank Statement Additions: Additions: Deductions: Deductions: Correct cash balance Correct cash balance Required 1 Required 2 > Juunil elli y WUIKSleel Journal entry worksheet
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