Amount Descriptions Bank Reconciliation Journal The cash account for American Medical Co. at April 30 indicated a balance of $91,408.The bank statement indcated a balance of $126,590 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the follewing reconciling tems: AChecks outstanding totaled $33,700. B. A deposit of $18,900, representing receipts of April 30, had been made too late to appear on the bank statement C. The bank collected $22,042 on a $20,600 note, incdluding interest of $1,442 D. A check for $1,600 returned with the statement had been incorrectly recorded by American Medical Co. as $160. The check was for the payment of an obligation to Targhee Supply Co. for a purchase on account E. A check drawn for $680 had been erroneously charged by the bank as $860 F. Bank service charges for April amounted to $40. 510 Cost of Menchandse Sold 141 Menchandise Inventory