Question

balance, total amt please help??

The bookkeeper at Hopkins Company has not reconciled the bankstatement with the Cash account, saying, “I don’t havetime.” You have been asked to prepare areconciliation andreview the procedures with the bookkeeper.

The April 30, 2006, bank statement and the April ledger accountsfor cash showed the following (summarized):

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A comparison of checks written before and during April with thechecks cleared through the bank showed outstanding checks at theend of April of $2,200. No depositsin transit were carried overfrom March, but a deposit was in transit at the end of April.

  1. What was the balance in the cash account in the ledger on May1, 2006?
  2. What total amount of cash should be reported on the balancesheet at the end of April?

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