Required information E5-5(Algo) Preparing a Bank Reconciliation and Journal Entries and Reporting Cash [LO...

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Accounting

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E5-5(Algo) Preparing a Bank Reconciliation and Journal Entries and Reporting Cash [LO 5-4]
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Hills Company's June 30 bank statement and the June ledger account for cash are summarized here:
E5-5(Algo) Part 1
Required:
Prepare a bank reconciliation. A comparison of the checks written with the checks that have cleared the bank shows outstanding
checks of $300. Some of the checks that cleared in June were written prior to June. No deposits in transit were noted in May, but a
deposit is in transit at the end of June.
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