Required information 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 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 Apri 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 544,600 NA check-A. B. Wright 250 Bank service charges Balance, April 30, Current Year 536,700 1.250 Balance $32,700 50,400 70,600 26.000 25,830 25,640 25,640 100 Ape. Illalance Apr. Deposits Cash 24,600 Apr. Checks written 42.900 41.400 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 $4.900 (including $2,940 written before and $1,960 written during April) No deposits in tramvait were carried over from March, but a deposit was in transit at the end of April Required information 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, say have time." You have been asked to prepare a reconciliation and review the procedures with the bookkee The April 30, Current Year, bank statement and the April ledger account for cash showed the following (sur BANK STATEMENT Checks Deposits Balance Balance, April 1, Current Year $32,700 Deposits during April $36,700 69,400 Interest collected 1,280 70,680 Checks cleared during April $44,600 26,080 NSF check-A. B. Wright 250 25,830 Bank service charges 190 25,640 Balance, April 30, Current Year 25,640 Apr. 1 Balance Apr. Deposits Cash A 24,600 Apr. Checks written 42,900 41,400 A comparison of checks written before and during April with the checks cleared through the bank showed outs checks at the end of April of $4,900 (including $2,940 written before and $1,960 written during April). No depos 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 Yealiz