1. Prepare a bank reconciliation for April. TIP: Put a check mark beside each item that appears on both the bank statement and what's already been recorded in the accounting records (shown in the T-account). Items left unchecked will be used in the bank reconciliation. KMAXX COMPANY Bank Reconciliation At April 30 Bank Statement Company's Books Ending Balance per Bank Statement Additions: Ending Balance per Cash Account Additions: 0 0 0 Deductions: Deductions: Up-to-Date Cash Balance 0 Up-to-Date Cash Balance The April 30 bank statement for KMaxx Company and the April ledger account for cash are summarized here BANK STATEMENT Checks Deposits Other Balance, April 1 April 5 April 9 April 12 April 19 April 22 April 27 April 29 April 30 Balance $6,900 6,050 9,450 9,190 8,390 6,790 6,470 6,310 6,279 #101 $ 850 $3,400 #102 #103 #104 260 800 1,600 EFT payment NSF check Service charge $320 160 31 Cash (A) April 1 Balance April 8 April 28 6,900 3,400 850 850 260 800 1,700 480 April 2 #101 April 10 #102 April 15 #103 April 20 #104 April 29 105 April 30 Balance 7,060 No outstanding checks and no deposits in transit were noted in March. However, there are deposits in transit and checks outstanding at the end of April. The EFT involved an automatic monthly payment to one of KMaxx's creditors. Check #104 was written for $1,700. The NSF check had been received from a customer