Required information E5-5 (Algo) Preparing a Bank Reconciliation and Journal Entries and Reporting Cash [LO 5-4] [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 June 1 June June 30 Debit Balance Deposits Balance -5 (Algo) Part 3 $ 19,400 Cash (A) 7,260 19,000 7,160 Deposits $ 18,300 Credit 19,700 Checks written What is the balance in the Cash account after the reconciliation entries? other $ 31 June Balance. $7,260 25,560 6,160 6,129 6,129

Required information E5-5 (Algo) Preparing a Bank Reconciliation and Journal Entries and Reporting Cash [LO 5-4] [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 June 1 June June 30 Debit Balance Deposits Balance -5 (Algo) Part 3 $ 19,400 Cash (A) 7,260 19,000 7,160 Deposits $ 18,300 Credit 19,700 Checks written What is the balance in the Cash account after the reconciliation entries? other $ 31 June Balance. $7,260 25,560 6,160 6,129 6,129

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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