PO-5 Aigo) Preparing a bank Reconciation and relatea journal entries LUO-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 Aprili 30. Current Year, bank statement and the April ledger account for cash showed the following (summarized): BANK STATEMENT Checks Deposits Balance Balance, April 1, Current Year $31, 100 Deposits during April $37,300 68,400 Interest collected 1,210 69,610 Checks cleared during April $14,500 25,119 NSF check-A. B. Wright 250 24,360 Bank service charges 100 24,760 Balance, April 30, Current Year 24,760 Apr. 1 Balance Apr. Deposit Cash (A) 24,500 Apr. Checks written 42, 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 $4600 (including $2760 written before and $1.840 written during Aprio. No deposits in transit were carried over from March, but a deposit was in transit at the end of April P6-5 Part 2 2. Prepare the journal entries that the company should make as a result of the bank reconciliation. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is complete but not entirely correct. No Debit Transaction A Credit General Journal No journal ontry required 1 > 2 B No journal entry required 1,340 Cash Interest revenue 1,340 4 D 220 Accounts receivable B. Wright) Cash 220$ 5 E 70 Bank service change expense Cash ols 70