Question: Required information E5-5 (Static) Preparing a Bank Reconciliation and Journal Entries and Reporting Cash [LO 5-4] [The following information applies to the questions displayed

Required information E5-5 (Static) Preparing a Bank Reconciliation and Journal Entries and

Required information E5-5 (Static) Preparing a Bank Reconciliation and Journal Entries and Reporting Cash [LO 5-4] [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 1 Deposits during June. Checks cleared during June Bank service charges Balance, June 30 BANK STATEMENT Checks Deposits $ 18,000 Other Balance $ 7,200 25,200 $ 19,100 6,100 $ 30 6,070 6,070 Cash (A) Debit Credit June 1 June Balance Deposits June 30 Balance 6,800 19,000 6,400 19,400 Checks written. June E5-5 (Static) Part 4 4. In addition to the balance in its bank account, Hills Company also has $300 of petty cash on hand. This amount is recorded in a separate account called Petty Cash on Hand. What is the total amount of cash that should be reported on the balance sheet at June 30? Total Amount of Cash

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