8 $ : + A + % 7. On May 31, the bank statement showed an NSF charge of $380 for a check issued by Sara Ballard, a customer, to Timmins Company on account. (a) Prepare the bank reconciliation at May 31, 2020. (List items that increase cash balance first.) CORONADO COMPANY Bank Reconciliation $ Current Attempt in Progress Timmins Company of Emporia, Kansas, spreads herbicides and applies liquid fertilizer for local farmers. On May 31, 2020, the company's Cash account per its general ledger showed a balance of $7,407.00. The bank statement from Emporia State Bank on that date showed the following balance. Emporia State Bank Checks and Debits XXX Deposits and Credits XXX Daily Balance 5-31 8,318.40 A comparison of the details on the bank statement with the details in the Cash account revealed the following facts. 1. 2. 3. 4. The statement included a debit memo of $40 for the printing of additional company checks. Cash sales of $801.20 on May 12 were deposited in the bank. The cash receipts entry and the deposit slip were incorrectly made for $851.20. The bank credited Timmins Company for the correct amount. Outstanding checks at May 31 totaled $906.70, and deposits in transit were $1,820.30. On May 18, the company issued check No. 1181 for $694 to H. Moses, on account. The check, which cleared the bank in May, was incorrectly journalized and posted by Timmins Company for $649. $2,800 was collected by the bank for Timmins Company on May 31 through electronic funds transfer. Included with the canceled checks was a check issued by Tomins Company to C. Pernod for $460 that was incorrectly charged to Timmins Company by the bank. On May 31, the bank statement showed an NSF charge of $380 for a check issued by Sara Ballard, a customer, to 5. 6. 7