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P6-5 (Algo) Preparing a Bank Reconciliation and Related Journal Entries LO6-4 [The following information applies to the questions displayed below.] The bookkeeper at Jefferson Company

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P6-5 (Algo) Preparing a Bank Reconciliation and Related Journal Entries LO6-4 [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, 7 don't have time." You have been asked to prepare a reconcillation 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): 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 $2,700 written before and $1,900 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 2 2. Prepare the journal entries that the company should make as a result of the bank reconciliation. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field

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