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 $ 39,600 December 6 $ 7,550 32,050 December 11 December 17 480 10,400 $ 27,000 58,570 48,170 December 23 34,000 82,170 December 26 480. 81,690 December 30 14,300 18,000 NSF* $ 230 85,160 December 31 December 31 Interest earned Service charge 35 85,195 80 85,115 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) Credit 39,600 Checks written during December: 27,000 7,550 34,000 480 18,000 10,400 11,000 480 80 14,300 5,250 91,060 There were no deposits in transit or outstanding checks at November 30. PA5-3 (Algo) Part 3 3. Prepare a bank reconciliation for December. STEWART COMPANY Bank Reconciliation At December 31. Bank Statement Company's Books Ending Balance Per Bank Statement Ending Balance Per Cash Account Additions: Additions: Deductions: 0 Deductions: 0 0 Up-to-Date Cash Balance $ 0 Up-to-Date Cash Balance $ 0 0 0