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): A comparison of cheques written before and during April with the cheques cleared through the bank showed that cheques of $4,300 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. 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.) Journal entry worksheet Record note receivable plus interest collected. Note: Enter debits before credits. 3. What were the balances in the cash accounts in the ledger on May 1,2021 ? 4. What total amount of cash should be reported on the statement of financial position at April 30,2021 ? A Record note receivable plus interest collected. B Record customer's cheque returned due to insu funds. C Record service charges collected by the bank. Note : = journal entry has been entered