Required information PA5-3 (Algo) Identifying Outstanding Checks and Deposits in Transit and Preparing a Bank Reconciliation and Journal Entries (LO 5-4, LO 5-5] [The following information applies to the questions displayed below.) The December bank statement and cash T-account for Stewart Company follow: BANK STATEMENT Date Checks Deposits Other Balance December 1 $ 54,000 December 6 $ 7,670 46,330 December 11 December 17 600 16,400 $ 28,000 73,730 57,330 December 23 36,000 93,330 December 26 600 92,730 December 30 22,700 19,000 NSF $ 350 88,680 December 31 December 31 Interest earned Service charge 75 88,755 200 88,555 NSF check from J. Left, a customer. Debit December 1 Balance Deposits December 11 December 23 December 30 December 31 December 31 Balance Cash (A) 54,000 Credit Checks written during December: 7,670 28,000 36,000 600 19,000 16,400 13,000 600 200 22,700 5,250 96,580 There were no deposits in transit or outstanding checks at November 30. PA5-3 (Algo) Part 5 and 6 5. After the reconciliation journal entries are posted, what balance will be reflected in the Cash account in the ledg- 6. If the company also has $350 of petty cash on hand, which is recorded in a different account called Petty Cash c amount of Cash and Cash Equivalents should be reported on the December 31 balance sheet? 5. Balance in Cash Account 6. Total Amount of Cash and Cash Equivalents