E6-27 (Algo) Preparing Bank Reconciliation and Entries and Reporting Cash L06-4 Bentley Company's June 30...
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E6-27 (Algo) Preparing Bank Reconciliation and Entries and Reporting Cash L06-4 Bentley Company's June 30 bank statement and June ledger account for cash are summarized below: BANK STATEMENT Checks $15.700 Balance, June 1 Deposits during June Checks cleared during June Bank service charges Balance, June 30 $16,650 Balance $ 7.600 23,300 6,650 6,611 6,611 39 orang June 1 Balance June Deposits pelance Cash(A) 7,600 June Cheeks written 18,100 ana Chucks written 19,50|| Required: 1. Reconcile the bank account. A comparison of the checks written with the checks that have cleared the bank shows outstanding checks of $3,200. A deposit of $2,400 is in transit at the end of June. 2. Prepare the journal entry that should be made as a result of the bank reconciliation 3. What is the balance in the Cash account after the reconciliation entries? 4. What is the total amount of cash that should be reported on the balance sheet at June 307 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Reconcile the bank account. A comparison of the checks written with the checks that have cleared the bank shows outstanding checks of $3,200. A deposit of $2,400 is in transit at the end of June, BENTLEY COMPANY Bank Reconciliation June 30 Company's Books

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