2. Prepare any required journal entries as a result of the reconciliation. (If no entry is required for a transaction/event, select "No Journal entry required" in the first account field.) View transaction list Journal entry worksheet A B Record note receivable plus interest collected. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal 3. What were the balances in the cash accounts in the ledger on May 1, 2021? Balance in cash in bank account Balance in cash on hand account 4. What total amount of cash should be reported on the statement of financial position at April 30, 2021? Statement of financial position (April 30, 2021): Current assets: Cash P6-12 Preparing a Bank Reconciliation and Related Journal Entries LO6-7 The bookkeeper at Hopkins Company has not reconciled the bank statement with the cash account, saying Instead, "I don't have time." You have been asked to prepare a reconciliation and review the procedures with the bookkeeper. The April 30, 2021, bank statement and the April ledger accounts for cash showed the following (summarized): Balance, April 1, 2021 Bank Statement Deposits during April Notes collected for company (including $89 interest) Cheques cleared during April NSF cheque-A. B. Wright Bank service charges Balance, April 30, 2021 Apr. 1 Balance Apr. Deposits Cash in Bank 25,400 Apr. Cheques written 44,350 Cheques Deposits Balance $34,800 $ 38,000 72,800 1,370 74,170 $46,400 179 27,770 27,591 89 27,502 27,502 43,000 Apr. 30 Balance Cash on Hand 290 A comparison of cheques written before and during April with the cheques cleared through the bank showed that cheques of $6,000 are still outstanding at April 30. No deposits in transit were carried over from March, but a deposit was in transit at April 30. Required: 1. Prepare a detailed bank reconciliation at April 30, 2021. Company's Books Additions: Deductions: HOPKINS COMPANY Bank Reconciliation, April 30, 2021 Bank Statement Additions: Deductions: Ending correct cash balance Ending correct cash balance