23 On May 31.202X the Cash account of Perkins Supply Company had a balance of $43820. On that date, the bank statement indicated a balance of $54,600. The bank reported the collection of a note receivable for Perkins of $6,300 plus $300 of interest The $1.700 cheque of a customer. Raymond Frank, was returned by the bank because of insufficient funds. The bank charged Perkins $60 for services. The bank erroneously falled to credit a $4,200 deposit to Perkins' account. It was observed that the bank statement did not include a deposit of $4.700 made by Perkins on May 31 and that cheques totaling $13,400 issued by Perking had not cleared the bank. Perkins recorded an insurance expense payment of $160 as $1600 (3) Prepare a bank reconciliation (in good form) as of May 31 (b) Prepare in general journal form. the entry (entries) necessan, to adjust Perkins records based on the bank reconciliation