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W 4: Chapters 6&7 Question 4 (of 22) 100 points Hills Company's June 30, 2013, bank statement and the June ledger account for cash are
W 4: Chapters 6&7 Question 4 (of 22) 100 points Hills Company's June 30, 2013, bank statement and the June ledger account for cash are summarized here: BANK STATEMENT Checks Deposits other Balance Balance, June 1, 2013 7,320 Deposits during June $18,600 25,920 Checks cleared during June $19,700 6,220 Bank service charges $31 6,189 Balance, June 30, 2013 6,189 Cash (A) June 1 Balance 6,860 20,200 20,000 Checks written June June Deposits June Balance 7,060 Required: 1. Prepare a bank reconciliation. A comparison the checks written with the checks that have cleared the bank shows of of the checks that cleared in June were written prior to June. outstanding checks of $760. Some No deposits in transit were noted in May, but a deposit is in transit at the end of June. acBook
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