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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