On May 31. 1979. the books of the Locus Land Company show a debit balance in the Cash in Bank account bf \(\$ 4,799\). The bank statement at that date shows a balance of \(\$ 6,066\). The deposit of May 31 of \(\$ 205\) is not included in the bank statement. Notice of collections made by the bank on mortgages of the company in the amount of \(\$ 243\). including interest of \(\$ 8\). and of bank service charges of \(\$ 6\) have not previously been received. Outstanding checks at May 31 total \(\$ 1,235\).

a Prepare a bank reconciliation for the Locus Land Company at May 31, 1979.

b Journalize the entries required upon preparation of the bank reconciliation schedule.