The bookkeeper at Jefferson Company has not reconciled the bank statement with the Cash account, saying,...

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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): Balance, April 1, Current Year BANK STATEMENT Checks Deposits Balance $32,000 $37,600 69,600 1,230 70,830 $45,500 25,330 190 25,140 200 24,940 24,940 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 24,500 April Checks written 43,100 43,400 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 $5,400 (including $3,300 written before and $2,100 written during April). No deposits in transit were carried over from March, but a deposit was in transit at the end of April. P6-5 Part 1 P6-5 Part 1 Required: 1. Complete the following bank reconciliation. P6-5 Part 1 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 Ending balance per bank statement Additions: Additions: Deductions: 0 0 Deductions: 0 0 0 0 Correct cash balance Correct cash balance 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): Balance, April 1, Current Year BANK STATEMENT Checks Deposits Balance $32,000 $37,600 69,600 1,230 70,830 $45,500 25,330 190 25,140 200 24,940 24,940 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 24,500 April Checks written 43,100 43,400 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 $5,400 (including $3,300 written before and $2,100 written during April). No deposits in transit were carried over from March, but a deposit was in transit at the end of April. P6-5 Part 1 P6-5 Part 1 Required: 1. Complete the following bank reconciliation. P6-5 Part 1 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 Ending balance per bank statement Additions: Additions: Deductions: 0 0 Deductions: 0 0 0 0 Correct cash balance Correct cash balance