Bank Reconciliation and Entries The cash account for Brentwood Bike Co. at May 1 indicated a balance of $14,670. During May, the total cash deposited was $74,840 and checks written totaled $69,490. The bank statement indicated a balance of $25,370 on May 31 . Comparing the bank statement, the canceled checks, and the accompanying memos with the records revealed the followin reconciling items: a. Checks outstanding totaled $11,300. b. A deposit of $9,210, representing receipts of May 31 , had been made too late to appear on the bank statement. c. The bank had collected for Brentwood Bike Co. $4,860 on a note left for collection. The face of the note was $4,490. d. A check for $360 returned with the statement had been incorrectly charged by the bank as $630. e. A check for $970 returned with the statement had been recorded by Brentwood Bike Co. as $790. The check was for the payment of an obligation to Adkins Co. on account. f. Bank service charges for May amounted to $30. 9. A check for $1,120 from Jennings C0. was returned by the bank because of insufficient funds. 2. Joumaice the neceisary entries (a) that increase cowh and (b) that decrease cash the acctoots have not bet