The bookkeeper at Hopkins Company has not reconciled the bank statement with the cash account, saying instead, "I don't have time." You have been asked to prepare a reconciliation and review the procedures with the bookkeeper. The April 30, 2018, bank statement and the April ledger accounts for cash showed the following (summarized): Bank Statement Cheques Deposits Balance $35,000 73,100 $38,100 1,380 Balance, April 1, 2018 Deposits during April Notes collected for company (including $90 interest) Cheques cleared during April NSF cheque-A. B. Wright Bank service charges Balance, April 30, 2018 $46,500 180 90 74,480 27,980 27,800 27,710 27,710 Cash in Bank Balance Apr. Cheques 43,100 Apr. 1 Apr. 25,500 written 44,500 Deposits Cash on Hand Apr. 30 Balance 300 A comparison of cheques written before and during April with the cheques cleared through the bank showed that cheques of $6,100 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, 2018. Company's Books Ending balance per cash account Additions: Note receivable collected Interest collected HOPKINS COMPANY Bank Reconciliation, April 30, 2018 Bank Statement Ending balance per bank statement Additions: Deposit in transit 0 0 0 Deductions: INSFA.B. Wright Bank charges Deductions: Outstanding cheques 0 Ending correct cash balance 0 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 View journal entry worksheet No General Journal Debit Credit Transaction 1 1 Cash Notes receivable Interest revenue 2 2 Accounts receivable Cash 3 Bank service charge expense Cash 3. What were the balances in the cash accounts in the ledger on May 1, 2018? Balance in cash in bank account Balance in cash on hand account 4. What total amount of cash should be reported on the statement of financial position at April 30, 2018? Statement of financial position (April 30, 2018): Current assets: Cash