Bank Reconciliation and Entries

checks and memos with the records revealed the following reconciling items:

a$.$ Checks outstanding totaled $$5,560.$

b$.$ A deposit of $$5,790,$ representing receipts of April $30,$ had been made too late to appear on the bank statement.

c$.$ The bank collected $$3,010$ on a $$2,860$ note, including interest of $$150.$

e$.$ A check drawn for $$30$ had been erroneously charged by the bank as $$300.$

f$.$ Bank service charges for April amounted to $$25.$

Required:

Prepare a bank reconciliation.

Norwegian Medical Co$.$

Bank Reconciliation

April $30$

Cash balance according to bank statement

$

$

Adjusted balance

Cash balance according to company's records

$$

$

Adjusted balance

$

Journalize the necessary entries $($a$.)$ that increase cash and $($b$.)$ that decrease cash. The accounts have not been closed. If an amount box does not require an entry, leave it blank.

a$.$ April $30$

b$.$ April $30$

If a balance sheet is prepared for Norwegian Medical Co$.$ on April $30,$ what amount should be reported as cash?