Required information P6-5(Algo) Preparing a Bank Reconciliation and Related Journal Entries LO6-4 ...

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Accounting

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P6-5(Algo) Preparing a Bank Reconciliation and Related Journal Entries LO6-4
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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):
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 $6,100(including $4,300 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.
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