! Required information [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 April ledger account for cash showed the following (summarized): Balance, April 1, Current Year Deposits during April Interest collected Checks cleared during April BANK STATEMENT Checks Deposits Balance $31,500 $37,200 68,700 1,200 69,900 $46,100 23,800 330 70 23,470 23,400 23,400 NSF check-A. B. Wright Bank service charges Balance, April 30, Current Year Cash (A) Debit Credit April 1 Balance April Deposits 25,000 April Checks written 42,600 44,100 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 $4,500 (including $2,500 written before and $2,000 written during April). No deposits in transit were carried over from March, but a deposit was in transit at the end of April.