P6-5 (Algo) Preparing a Bank Reconciliation and Related Journal Entries L06-4 [The following information applies to the questions displayed below.) The bookkeeper at Jefferson Company has not reconciled the bank statement with the Cash account, saying, "I don't have time." You have been asked to prepare a reconciliation and review the procedures with the bookkeeper. The April 30. Current Year, bank statement and the April ledger account for cash showed the following (summartred- FRANK STATEMENT Checks Balance, April 1, Current Year Deposits during April Interest collected Checks cleared during April $44,500 NSF check-A. B. Wright 250 Bank service charges 100 Balance, April 30, Current Year Deposits $37,300 1,210 Balance $31,100 68,400 69,610 25.110 24,860 24,760 24,760 Cash) 24,500 Apr. Checks written 12,900 Apr. 1 Balance Apr. Deposits 42,800 A comparison of checks written before and during April with the checks cleared through the bank showed outstanding checks at the end of April of $4,600 including $2.760 written before and $1.840 written during April) No deposits in transit were carried over from March, but a deposit was in transit at the end of April Required: 1. Prepare a detailed bank reconciliation for April. Answer is not complete. JEFFERSON COMPANY Bank Reconciliation, April 30, Current Year Bank Statement 6,850 Ending balance per bank statement Additions: O Company's Books Ending balance per cash account Additions: Interest collected 5.418 0 6,850 0 5.410 Deductions: Deductions: 0 0 Correct cash balance Correct cash balance