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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

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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): Deposits BANK STATEMENT Checks Balance, April 1, Current Year Deposits during April Interest collected Checks cleared during April $45,900 NSP check-A. B. Wright 230 Bank service charges 80 Balance, April 30, Current Year $ 37,900 1,350 Balance $31,100 69,000 70,350 24,450 24,220 24,140 24,140 Apr. 1 Balance Apr. Deposits Cash (A) 24,000 Apr. Checks written 42,400 41,200 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 $2,400 (including $1,440 written before and $960 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. Prepare a detailed bank reconciliation for April. Company's Books Ending balance per cash account Additions: JEFFERSON COMPANY Bank Reconciliation, April 30, Current Year Bank Statement Ending balance per bank statement Additions: 0 0 0 0 Deductions: Deductions: 0 0 Correct cash balance Correct cash balance 2. Prepare the 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 Journal entry worksheet Record the entry for checks cleared during April. Note: Enter debits before credits. Transaction General Journal Debit Credit B Record entry clear entry View general journal Journal entry worksheet

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