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A company's cash account shows a $4,362 debit balance and its bank statement shows $4,490 cash on deposit at the close of business on May

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A company's cash account shows a $4,362 debit balance and its bank statement shows $4,490 cash on deposit at the close of business on May 31. Prepare its bank reconciliation using the following information. a. Outstanding checks as of May 31 total $83. b. The bank statement shows a \$67 NSF check from a customer; the company has not yet recorded this NSF check. c. May 31 cash receipts of $295 were placed in the bank's night depository after banking hours and were not recorded on the May 31 bank statement. d. The May 31 bank statement lists $65 in bank check printing charges; the company has not yet recorded the cost of these services. e. A note receivable for $472 is collected by the bank for the company, but it is not yet recorded by the company. Prepare the May 31 bank reconciliation for the company. Discover reported $380,292 in net sales and $23,771 in accounts receivable for the current period. For the same period, Viza reported $547,290 in net sales and $32,384 in accounts receivable. Calculate the days' sales uncollected for both companies and indicate which company is doing a better job in managing the collection of its receivables. Note: Do not round intermediate calculations. Round your "Days' Sales Uncollected" to 1 decimal place. Complete this question by entering your answers in the tabs below. Calculate the days' sales uncollected for both companies. Discover reported $380,292 in net sales and $23,771 in accounts receivable for the current period. For the same period, Viza reported $547,290 in net sales and $32,384 in accounts receivable. Calculate the days' sales uncollected for both companies and indicate which company is doing a better job in managing the collection f its receivables. Note: Do not round intermediate calculations. Round your "Days' Sales Uncollected" to 1 decimal place. Complete this question by entering your answers in the tabs below. Indicate which company is doing a better job in managing the collection of its receivables

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