for $630. Required a bank reconciliation for Wallace Company at May 31. the journal entry (or entries) necessary to bring the Cash in Bank account into agreement with the reconciled cash balance on the bank reconciliation. made by Sandler Company, a sole proprietorship, on f $1,300 and two outstanding checks, No. 797 for $550 and No. LOS Bank Reconciliation The bank reconciliation March 31 showed a deposit in transit o P7-5B. he reconciled cash balance on March 31 was $12,020 The following bank statement is available for April 2015: Bank Statement Sandler Company Fairbanks, AK April 30 FAIRBANKS NATIONAL BANK Deposits No. Mar. 31$11,960 1$1,300 804 Apr. 2 13.680804 13 1,020 809 $ 690 Apr. 1..13,260 212,570 13.520 Apr. 1 Apr 3.. 1,250 1,240 1,040 640 7... 12,692 990 810 271340 813 1.160 814 75IN NSF 16 13 27 3 13,386 1612346 12,686 13,076 811 18 ..13,776 14,971 18 EC: Error Correction SC: Service Charge Item Codes: DM: Debit Memo OD: Overdraft NSF: Non-sufficient Funds CM: Credit Memo RT: Returned Item IN: Interest Earned A list of deposits made and checks written during April is shown below: Deposits Made Checks Written Apr. 2....$1,680 No. 807... 730 1.250 809 1,020810 10 17 838 840 990 810 1,340811 812 948 640 600 813 814 815 816 29 1.425 $9,705 875 $7,519 The Cash in Bank account balance on April 30 was $14,206. In reviewing checks returned by the bank, he accountant discovered that check No. 811, written for $326 for delivery expense, was recorded in the eash disbursements journal as $236. The NSF check for $500 was that of customer R. Koppa, deposited mApril, Interest for April added to the account by the bank was $75. 7 Internal Control and Cash Required a. Prepare a bank reconciliation for Sandler Company at April 30. h Prepare the necessary journal entries to bring the Cash in Bank account into agreement with reconciled cash balance on the bank reconciliation. 6B. Reporting Cash Jenkins Company has the following items at year-end: $ 4,500 17,300 1,750 1,600 Funds in savings account (requires $2,500 compensating balance)