Bank Reconciliation and Entries The cash account for Norwegian Medical Co. at April 30 indicated a balance of $12,090. The bank the bank statement and the accompanying canceled checks and memos with the records revealed a. Checks outstanding totaled $5,040. b. A deposit of $5,250, representing receipts of April 30, had been made too late to appear on the c. The bank collected $2,730 on a $2,590 note, including interest of $140. d. A check for $440 returned with the statement had been incorrectly recorded by Norwegian Med to Universal Supply Co. for a purchase on account. e. A check drawn for $60 had been erroneously charged by the bank as $600. f. Bank service charges for April amounted to $40. Required: 1. Prepare a bank reconciliation. Bank Reconciliation and Entries The cash account for Norwegian Medical Co. at April 30 indicated a balance of $12,090. The bank the bank statement and the accompanying canceled checks and memos with the records revealed a. Checks outstanding totaled $5,040. b. A deposit of $5,250, representing receipts of April 30, had been made too late to appear on the c. The bank collected $2,730 on a $2,590 note, including interest of $140. d. A check for $440 returned with the statement had been incorrectly recorded by Norwegian Med to Universal Supply Co. for a purchase on account. e. A check drawn for $60 had been erroneously charged by the bank as $600. f. Bank service charges for April amounted to $40. Required: 1. Prepare a bank reconciliation