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U CU ULIOP) Hills Company's June 30 bank statement and the June ledger account for...

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Accounting

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U CU ULIOP) 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 $ 7,240 $18, 200 2 5,440 6,140 $31 6,109 6,109 $19,300 June 1 June Balance Deposits Balance Cash (A) 7,240 19,400 19,680 Checks written 7,040 June June 30 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.) Journal entry worksheet Record the service charges of $31 deducted by the bank. Note: Enter debits before credits. Transaction General Journal Debit Credit 3. What is the balance in the Cash account after the reconciliation entries? Cash Balance 4. In addition to the balance in its bank account, Hills Company also has $330 of petty cash on hand. This amount is recorded in a separate T-account called Petty Cash on Hand. What is the total amount of cash that should be reported on the balance sheet at June 302 Total Amount of Cash

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