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 do 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 (summarized Deposits BANK STATEMENT Checks Balance, April 1, Current Year Deposits during April Interest collected Checks cleared during April $45,000 NSF check-A. B. Wright 200 Bank service charges 220 Balance, April 30, Current Year $37,800 1,310 Balance $31,900 69, 700 71,010 26,010 25,810 25,590 25,590 Cash (A) 24,900 Apr. Checks written 41,600 Apr. 1 Balance Apr. Deposits 41,300 A comparison of checks written before and during April with the checks cleared through the bank showed outstandi checks at the end of April of $3,300 (including $1,980 written before and $1,320 written during April). No deposits in transit were carried over from March, but a deposit was in transit at the end of April. P6-5 Part 3 3. What was the balance in the cash account in the ledger on May 1, Current Year? Gasih balance