Bank Reconciliation and Entries The cash account for Norwegian Medical Co. at April 30 indicated a balance of $13,235. The bank statement indicated a balance of $14,990 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 $5,400. b. A deposit of $5,620, representing receipts of April 30 , had been made too late to appear on the bank statement. c. The bank collected $2,920 on a $2,770 note, including interest of $150. d. A check for $880 returned with the statement had been incorrectly recorded by Norwegian Medical Co. as $800. The check was for the payment of an obligation to Universal Supply Co. for a purchase on account. e. A check drawn for $90 had been erroneously charged by the bank as $900. f. Bank service charges for April amounted to $55. Required: 1. Prepare a bank reconciliation. 2. Journalize the necessary entries (a.) that increase cash and (b.) that decrease cash. The accounts have not been cl 3. If a baiance sheet is prepared for Norwegian Medical Co. on April 30, what amount should be reported as cash