2. Prepare any journal entries that should be made as a result of the bank reconciliation. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Vlew transaction list Journal entry worksheet 1 Record the service charges of $30 deducted by the bank. Note: Enter debits before credits. Transaction General Journal Debit Credit 1
2. Prepare any journal entries that should be made as a result of the bank reconciliation. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Vlew transaction list Journal entry worksheet 1 Record the service charges of $30 deducted by the bank. Note: Enter debits before credits. Transaction General Journal Debit Credit 1
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:2. Prepare any journal entries that should be made as a result of the bank reconciliation. (If no entry is required for a
transaction/event, select "No Journal Entry Required" in the first account field.)
Vlew transaction list
Journal entry worksheet
1
>
Record the service charges of $30 deducted by the bank.
Note: Enter debits before credits.
Transaction
General Journal
Debit
Credit
1
Record entry
Clear entry
View general Journal
![Required information
[The following information applies to the questions displayed below.]
Hills Company's June 30 bank statement and the June ledger account for cash are summarized
here:
BANK STATEMENT
Checks
Balance, June 1
Deposits during June
Checks cleared during June
Bank service charges
Balance, June 30
Deposits Other Balance
$ 7,200
25,200
6,100
6,070
6,070
$18,000
$19,100
$30
Cash (A)
June 1
Balance
6,800
June
Deposits
19,000
19,400
Checks written June
June 30
Balance
6,400](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8ad87420-52d2-4e34-815e-eb9bcb5c95c0%2F0631d4f1-ead3-4002-ad12-b53c4862bb46%2Fwmm5k7_processed.png&w=3840&q=75)
Transcribed Image Text:Required information
[The following information applies to the questions displayed below.]
Hills Company's June 30 bank statement and the June ledger account for cash are summarized
here:
BANK STATEMENT
Checks
Balance, June 1
Deposits during June
Checks cleared during June
Bank service charges
Balance, June 30
Deposits Other Balance
$ 7,200
25,200
6,100
6,070
6,070
$18,000
$19,100
$30
Cash (A)
June 1
Balance
6,800
June
Deposits
19,000
19,400
Checks written June
June 30
Balance
6,400
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