Please help me. Fast solution please. Thankyou. [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 1Deposits during JuneChecks cleared during JuneBank service chargesBalance, June 301June 1JuneJune 30DebitCash BalanceBalanceDepositsBalanceBANK STATEMENTChecks$ 19,800Cash (A)7,34020,4007,640Deposits$ 18,7003. What is the balance in the Cash account after the reconciliation entries?OtherCredit20,100 Checks written$ 31Balance$ 7,34026,0406,2406,2096,209June

Under Bank Reconciliation we tie out the differences between the balance as per the bank statement…

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

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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Using the following information, prepare a bank reconciliation. Bank balance: $7,651 Book balance: $10,595 Deposits in transit: $2,588 Outstanding checks: $489 Interest income: $121 NSF check: $966
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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 Deposits Other Balance $ 7,200 25,200 Balance, June 1 Deposits during June Checks cleared during June Bank service charges Balance, June 30 $18,000 $19,100 6,100 6,070 6,070 $30 Cash (A) June 1 Balance 6,800 June Deposits 19,000 19,400 Checks written June June 30 Balance 6,400
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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18. Required information Skip to question [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 Deposits Other Balance Balance, June 1 $ 7,360 Deposits during June $ 18,800 26,160 Checks cleared during June $ 19,900 6,260 Bank service charges $ 31 6,229 Balance, June 30 6,229 Cash (A) Debit Credit June 1 Balance 7,360 June Deposits 20,600 20,200 Checks written June June 30 Balance 7,760 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.)