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[The following information applies to the questions displayed below.] The bookkeeper at Jefferson Company has not reconciled the bank statement with the Cash account, saying,
[The following information applies to the questions displayed below.] 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): 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 $5,900 (including $4,100 written before and $1,800 written during April). No deposits in transit were carried over from March, but a deposit was in transit at the end of April. 4. What total amount of cash should be reported on the balance sheet at the end of April? 3. What was the beginning balance in the cash account in the ledger on May 1, Current Year? Required: 1. Complete the following bank reconciliation
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