P6-5 Preparing a Bank Reconciliation and Related Journal Entries LO6-4 The following information apples to the questions displayed below. The bookkeeper at Jefferson Company has not reconciled the bank statement with the Cash account, saying, "l don't have time." You have been asked to prepare a reconciliation and review the procedures with The April 30, Current Year, bank statement and the April ledger accounts for cash showed the following (summarized): BANK STATEMENT Deposits Balance $32,700 69,400 70,600 Balance, April 1, Current Year Deposits during April Interest collected Checks cleared during April NSF check-A. B. Wright Bank service charges Balance, April 30, Current Year $36,700 1,200 $45,400 24,950 24,810 24,810 Cash (A) Apr. 1 Balance Apr. Deposits 23,500Apr. Checks written 43,100 42,500 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 $6,300 (including $3,780 written before and $2,520 written during Aprll). No deposits in transit were carrled over from March, but a deposit was in translt at the end of April. References Section Break P6-5 Preparing a Bank Reconcllatlon and Related Journal Entries LO6-4