Bank Reconciation and Entries The cash account for American Medical Co. at April 30 indicated a balance of $11,400. The bank statement indicated a balance of $13,050 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: a. Checks outstanding totaled $4,700. b. A deposit of $4,890, representing receipts of April 30, had been made too late to appear on the bank statement. c. The bank collected $2,540 on a $2,410 note, including interest of $130. d. A check for $440 returned with the statement had been incorrectly recorded by American Medical Co. as $400. The check was for the payment of an obligation to Targhee Supply Co. for a purchase on account. e. A check drawn for $80 had been erroneously charged by the bank as $800. f Bank service charges for April amounted to $20. Required: 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 Previous Not