Required information E5-5 Preparing a Bank Reconciliation and Journal Entries and Reporting Cash [LO 5-4)...
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Required information E5-5 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: Deposits BANK STATEMENT Checks Balance, June 1 Deposits during June Checks cleared during June $20,100 Bank service charges Balance, June 30 $19,000 Other Balance $ 7,400 26,400 6,300 $32 6,268 6,268 June 1 June June 30 Balance Deposits Balance Cash (A) 7,400 21,000 20,400 Checks written June 8,000 E5-5 Part 2 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.) Required information View transaction list Journal entry worksheet
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