Required information [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 Balance $54,000 46, 330 73,730 57,330 93, 330 92,730 88,680 88,755 88,555 Date Dec. 1 6 $ 7,670 600 $28,000 17 23 26 30 31 31 16,400 36,000 600 $350 75 200 22,700 19,000 NSF* Interest earned Service charge NSF check from J. Left, a customer Cash (A) Dec. 1 Balance 54,000 Deposits Dec. 11 23 30 31 Checks written during December: 28,000 36,000 19,000 13,000 7,670 600 16,400 600 200 22,700 5,250 Dec. 31 Balance 96, 580 There were no deposits in transit or outstanding checks at November 30 Required: 1. Identify and list the deposits in transit at the end of December. (Select all that apply.) $28,000 $36,000 $ 19,000 $13,000 2. Identify and list the outstanding checks at the end of December. (Select all that apply.) $7,670 $600 $16,400 $600 $200 $22,700 $5,250 3. Prepare a bank reconciliation for December. STEWART COMPANY Bank Reconciliation At December 31 Bank Statement Company's Books Ending Balance Per Bank Statement Additions: Ending Balance Per Cash Account Additions: Deductions Deductions 0 0 Up-to-Date Cash Balance 0 Up-to-Date Cash Balance 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 field.) View transaction list A Record the interest of $75 received from the bank. Record the service charges of $200 deducted by the bank. B c Record the return of the J. Left check of $350 due to insufficient funds. Earlier this month, a check in the amount of $5,250 was recorded as a reduction in cash. As of December 31, that check was still outstanding D Credit On December 31, a deposit of $13,000 was recorded, but the deposit was still in transit at the end of the month. E Note:journal entry has been entered Record entry Clear entry View general journal 5. After the reconciliation journal entries are posted, what balance will be reflected in the Cash account in the ledger? 6. If the company also has $350 of petty cash on hand, which is recorded in a different account called Petty Cash on Hand, what total 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