Required 1. Prepare a detailed bank reconciliation for April. JEFFERSON COMPANY Bank Reconciliation, April 30, Current Year Company's Books Bank Statement Ending balance per cash account Ending balance per bank statement Additions: Additions: Deductions Deductions: Correct cash balance Correct cash balance 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 bookkeeper. The April 30, Current Year, bank statement and the April ledger accounts for cash showed the following (summarized) BANK STATEMENT Checks Deposits 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 Balance $ 31,000 68,300 69,650 23.750 23,410 23,340 23,340 $37,300 1,350 $45,900 340 70 Cash (A) Apr. 1 Balance Apr. Deposits 24,500Apr. Checks written 41,600 43,100 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 $3,700 (including $2,220 written before and $1,480 written during April). No deposits in transit were carried over from March, but a deposit was in transit at the end of April