The December bank statement and cash T-account for Stewart Company follow:

BANK STATEMENT
Date	Checks	Deposits	Other		Balance
December 1					$ 58,800
December 6	$ 7,710				51,090
December 11	640	$ 28,000			78,450
December 17	18,400				60,050
December 23		37,000			97,050
December 26	640				96,410
December 30	25,500	19,000	NSF*	$ 390	89,520
December 31			Interest earned	95	89,615
December 31			Service charge	240	89,375

^* NSF check from J. Left, a customer.

Cash (A)
Debit			Credit
December 1	Balance	58,800
Deposits			Checks written during December:
December 11		28,000		7,710
December 23		37,000		640
December 30		19,000		18,400
December 31		14,000		640
				240
				25,500
				5,850
December 31	Balance	97,820

There were no deposits in transit or outstanding checks at November 30.

5. After the reconciliation journal entries are posted, what balance will be reflected in the Cash account in the ledger?
6. If the company also has $390 of petty cash on hand, which is recorded in a different account called Petty Cash on Hand, what total amount of Cash and Cash Equivalents should be reported on the December 31 balance sheet?

Balance in Cash Account Total Amount of Cash and Cash Equivalents