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): Bank Statement Balance, April 1, 2021 Deposits during April Notes collected for company (including $82 interest) Cheques cleared during April NSF cheque-A. B. Wright Bank service charges Balance, April 30, 2021 Cheques Deposits Balance $33,400 $ 37,300 70,700 1,300 72,000 $45,700 26,300 172 26,128 82 26,046 26,046 Apr. 1 Balance Apr. Deposits Cash in Bank 24,700 Apr. Cheques written 43,300 42,300 Apr. 30 Balance Cash on Hand 220 A comparison of cheques written before and during April with the cheques cleared through the bank showed that cheques of $5,300 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. HOPKINS COMPANY Apr. 3e balanc 220 10 points A comparison of cheques written before and during April with the cheques cleared through the bank showed that cheques of $5,300 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. eBook Print Company's Books Ending balance per cash account Additions HOPKINS COMPANY Bank Reconciliation, April 30, 2021 Bank Statement $ 25.700 Ending balance per bank statement Additions: 26.046 References interest collected 0 26,046 25,700 Deductions Deductions 0 Ending correct cash balance $ 25,700 Ending correct cash balance $ 26,046 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