The December bank statement and cash T-account for Stewart Company follow:

4. Prepare any 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.)

• Record the interest of $65 received from the bank.
• Record the service charges of $140 deducted by the bank.
• Record the return of the J. Left check of $290 due to insufficient funds.
• Earlier this month, a check in the amount of $4,350 was recorded as a reduction in cash. As of December 31, that check was still outstanding.
• On December 31, a deposit of $12,000 was recorded, but the deposit was still in transit at the end of the month.

5. After the reconciliation journal entries are posted, what balance will be reflected in the Cash account in the ledger?
6. If the company also has $290 of petty cash on hand, which is recorded in a different account called Petty Cash on Hand, what total amount of Cash and Cash Equivalents should be reported on the December 31 balance sheet?

Required information [The following information applies to the questions displayed below.] The December bank statement and cash T-account for Stewart Company follow: BANK STATEMENT Checks Deposits Other Date Dec. 1 Balance $ 46,800 39,190 65,650 52,250 87,250 86,710 85,920 85,985 85,845 6 $ 7,610 540 $27,000 17 23 26 30 31 31 13,400 35,000 540 $290 65 140 18,500 18,000 NSF* Interest earned Service charge NSF check from J. Left, a customer. Cash (A) Dec. 1 Balance 46,800 Deposits Dec. 11 23 30 3 1 Checks written during December: 27,000 35,000 18,000 12,000 7,610 540 13,400 540 140 18,500 4,350 Dec. 31 Balance 93,720 There were no deposits in transit or outstanding checks at November 30