Bank Reconciliation (Partial)}

The cash account for Feldman Company contains the following information for April:

\section*{Required:}
Assuming there were no deposits in transit at March 31 and that all outstanding cheques at March 31 cleared during April, do the following:
1. Identify the outstanding cheques at April 30 .
2. Prepare the reconciliation of the bank and cash account balances at April 30.
3. Identify the outstanding cheques at March 31 .
4. Prepare the reconciliation of the bank and cash account balances at March 31 .
5. CONCEPTUAL CONNECTION Why could you not perform the bank reconciliations without knowing that there were no deposits in transit on March 31 and that all outstanding cheques at March 31 cleared during April?
\section*{Exercise

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Cash balance, 3/31 Cash received during April Cash disbursements during April: Cheque 7164 Cheque 7165 Cheque 7166 Cheque 7167 Cash balance, 4/30 $14,685 55.680 70,365 $33,500 11,250 18,750 900 64,400 $ 5,965 The bank statement for April contains the following information: Bank balance, 3/31 $25,285 Add: Deposits during April 55,680 80.965 Less: Cheques paid during April: Cheque 7162 $ 8,900 Cheque 7163 1,700 Cheque 7164 .33.500 Cheque 7165 11,250 55,350 Bank balance, 4/30 $25,615