Required Information PA5-3 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 Checks Deposits Other Date Dec. 1 6 11 17 23 26 30 31 31 $ 7,662 590 15,900 $28, ce Balance $ 52,800 45,149 72,550 56,658 92,658 92,050 88,720 88,798 88,602 36,608 590 22,888 19, eae NSF. Interest earned Service charge $348 7e 198 NSF check from J. Left, a customer. Dec. 1 Balance Deposits Dec. 11 23 30 31 Cash (A) 52,800 Checks written during December: 28, Bee 7,650 36, een 590 19, Bea 15,900 13, eee 590 199 22,000 5, 100 96,779 Dec. 31 Balance There were no deposits in transit or outstanding checks at November 30. PA5-3 Part 4 4. Prepare any 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 fleld.)