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
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
Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter8: Sarbanes-oxley, Internal Control, And Cash
Section: Chapter Questions
Problem 18E
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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
Deposits Other Balance
$ 7,200
25,200
6,100
6,070
6,070
$18,000
$19,100
$30
Cash (A)
6,800
19,000
June 1
Balance
June
Deposits
19,400
Checks written June
June 30
Balance
6,400
3. What is the balance in the Cash account after the reconciliation entries?
Cash Balance](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8ad87420-52d2-4e34-815e-eb9bcb5c95c0%2F8853e089-72e6-4c4b-845e-31ada75281fb%2Fuanlca_processed.png&w=3840&q=75)
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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)
6,800
19,000
June 1
Balance
June
Deposits
19,400
Checks written June
June 30
Balance
6,400
3. What is the balance in the Cash account after the reconciliation entries?
Cash Balance
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