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Bancono and Entries The conccount for American Medical Cost Aert indicated saltance of 510,35. The statement indicated betence of 1.920 on April 3. Corrin e
Bancono and Entries The conccount for American Medical Cost Aert indicated saltance of 510,35. The statement indicated betence of 1.920 on April 3. Corrin e bankare de coming and check records revealed the following reconciling em Check outstanding totaled $4,290 b. A deposit of 14,470, representing receipts of April 30, had been made too late to appear on the bank statement C. The bank collected 12.320 on a $2.210 note, including te of $110, d. A check for 8770 returned with the statement had been incorrectly recorded by American Medical Co $700. The check was for the payment of an abigation to Targhe Super Cup court Acheck drewn for $50 had been erroneously charged by the banks $500 1. Bank service charges for April amounted to $55. 1. Prepare a bank reconciliation American Medical Co. Bank Reconciliation April 30 Cash balance according to bank statement Adjusted balance Cash balance according to company's records Adjusted balance 2. Journalize the necessary entries (a.) that increase cash and (.) that decrease cash. The accounts have not been closed. For a compound transaction, if an ar April 30 b. April 30 3. If a balance sheet is prepared for American Medical Co. on April 30, what amount should be reported as cash
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