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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 June 1 June June 30 Debit Balance Deposits Balance $ 19,800. Cash (A) Deposits $ 18,700. Other Credit 7,340 20,400 20,100 Checks written 7,640 What is the balance in the Cash account after the reconciliation entries? $ 31 Balance June $ 7,340 26,040 6,240 6,209 6,209

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 June 1 June June 30 Debit Balance Deposits Balance $ 19,800. Cash (A) Deposits $ 18,700. Other Credit 7,340 20,400 20,100 Checks written 7,640 What is the balance in the Cash account after the reconciliation entries? $ 31 Balance June $ 7,340 26,040 6,240 6,209 6,209

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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[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: Balance, June 1 Deposits during June Checks cleared during June Bank service charges Balance, June 301 June 1 June June 30 Debit Cash Balance Balance Deposits Balance BANK STATEMENT Checks $ 19,800 Cash (A) 7,340 20,400 7,640 Deposits $ 18,700 3. What is the balance in the Cash account after the reconciliation entries? Other Credit 20,100 Checks written $ 31 Balance $ 7,340 26,040 6,240 6,209 6,209 June
Transcribed Image Text:[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: Balance, June 1 Deposits during June Checks cleared during June Bank service charges Balance, June 301 June 1 June June 30 Debit Cash Balance Balance Deposits Balance BANK STATEMENT Checks $ 19,800 Cash (A) 7,340 20,400 7,640 Deposits $ 18,700 3. What is the balance in the Cash account after the reconciliation entries? Other Credit 20,100 Checks written $ 31 Balance $ 7,340 26,040 6,240 6,209 6,209 June
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