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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

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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, 2021, bank statement and the April ledger accounts for cash showed the following (summarized) Bank Statement Cheques Deponite Balance Balance, April 1, 2021 $33,000 Deposits doring April $ 37,100 70,100 Notes collected for company (including 580 interest) 1,280 71,380 Cheques cleared during April $45,500 25,880 NSF cheque. B. Wright 25, 710 Bank service charges 80 25.630 Balance, April 30, 2021 25,630 170 Cash in Bank 24,500 Apr. Cheques written 43,000 Apr. 1 Balance Apr. Deposits 42,100 Cash on Hand 2001 Apr. 30 Balance A comparison of cheques written before and during April with the cheques cleared through the bank showed that cheques of $5,100 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 detalled bank reconciliation at April 30, 2021 HOPKINS COMPANY Bank Reconciliation, April 30, 2021 Bank Statement Company's Books Additions: Additions: 0 0 0 Deductions Deductions 0 O Ending correct cash balance 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 Debit Credit A Record note receivable plus interest collected. Record customer's cheque returned due to insufficient funds. c Record service charges collected by the bank. Note : - joumal entry has been entered 3. What wore the balances in the cash accounts in the ledger on May 1, 20217 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, 2021? Statement of financial position (April 30,2021): Current assets Cash

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