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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

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): BANK STATEMENT Checks Deposits Balance $ 31,000 $ 37,100 1,180 68,100 69,280 $ 43,000 160 50 26,280 26,120 26,070 26,070 Balance, April 1, Current Year Deposits during April Interest collected Checks cleared during April NSF check-A. B. Wright Bank service charges Balance, April 30, Current Year Cash (A) Debit Credit April 1 Balance April Deposits 23,500 41,500 April Checks written 41,100 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 $5,600 (including $3,700 written before and $1,900 written during April). No deposits in transit were carried over from March, but a deposit was in transit at the end of April. Required: 1. Complete the following bank reconciliation. JEFFERSON COMPANY Bank Reconciliation April 30, Current Year Company's Books Bank Statement Ending balance per cash account Additions: Ending balance per bank statement Additions: Deductions: NSF-A. B. Wright 0 0 Deductions: 0 0 0 0 Correct cash balance Correct cash balance

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