total amount of cash

cash balance

journal worksheet ( entry for june, entry for checks cleared during june, charges deducted from bank account

E6-27 (Algo) Preparing Bank Reconciliation and Entries and Reporting Cash LO6-4 Bentley Company's June 30 bank statement and June ledger account for cash are summarized below: Required: 1. Complete the following bank reconciliation. A comparison of the checks written with the checks that have cleared the bank shows outstanding checks of $3,050. A deposit of $2,950 is in transit at the end of June. 2. Prepare the journal entry that should be made as a result of the bank reconciliation. 3. What is the balance in the Cash account after the reconciliation entries? 4. What is the total amount of cash that should be reported on the balance sheet at June 30