Bank Reconciliation

1. Based on the following information, prepare the April bank reconciliation for Allen Company. a. On April 30, after all transactions have been recorded, the company's Cash account has a balance of $51,300.

b. The company's bank statement shows a balance on April 30 of $54,590.

c. Outstanding checks include check #1211 in the amount of $460 and check #1216 in the amount of $2,560.

d. A credit memo included with the bank statement indicates that the bank collected $1,360 on a noninterestbearing note receivable for Allen. The bank deducted a $20 collection fee and credited $1,340 to Allen's account.

e. A debit memo included with the bank statement shows a $125 NSF check from a customer, M. Smith.

f. A deposit of $820 put in the bank's night depository on April 30 did not appear on the bank statement.

g. Examination of the checks on the bank statement with the entries in the accounting records reveals that check #1310 for the payment of utilities expense was correctly written for $650, but was recorded in the accounting records as $560.

h. Included with the bank statement was a debit memorandum in the amount of $35 for bank service charges. 2. What is the balance of cash that would be reported on Allens April 30 Balance Sheet? __________