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The April 30, 2021, bank statement and the April ledger accounts for cash showed the following (summarized): Bank Statement Cheques Deposits Balance Balance, April 1,
The April 30, 2021, bank statement and the April ledger accounts for cash showed the following (summarized): Bank Statement Cheques Deposits Balance Balance, April 1, 2021 $33,600 Deposits during April $37,400 71,000 Notes collected for company (including $83 interest) 1,310 72,310 Cheques cleared during April $45,800 26,510 NSF cheque-A. B. Wright 173 26,337 Bank service charges 83 26,254 Balance, April 30, 2021 26,254 ped ook rint 0 rence 42,400 Cash in Bank 24,800 Apr. Cheques written 43,450 Apr. 1 Balance Apr. Deposits Apr. 30 Cash on Hand 230 Balance A comparison of cheques written before and during April with the cheques cleared through the bank showed that cheques of $5,400 are still outstanding at April 30. No deposits in transit were carried over from March, but a deposit was in transit at April 30 Required: 1. Prepare a detailed bank reconciliation at April 30, 2021. HOPKINS COMPANY Bank Reconciliation, April 30, 2021 Bank Statement Company's Books Additions: Additions: + 0 0 Deductions: 0 Deductions: Ending correct cash balance $ 0 O Ending correct cash balance $ 0 2. Prepare any required journal entries as a result of the reconciliation (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet
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