Bank Reconciliation Statements lecture Homework #1 ZipFlyer Inc.'s cash T-Account for May shows the following information: Cash Date May 1 Comments Opening balance Amount Date Comments $13,846 May 1 Cheque #75 Amount $550 May 1 Deposit 1.550 May 3 Cheque #76 875 May 3 Deposit 2,700 May 4 Cheque 477 1.256 May 15 Deposit 4,950 May 7 Chrque #78 3,684 May 21 Deposit 2,600 May 10 Cheque #79 1,100 May 31 Deposit 3,000 May 13 Cheque #80 486 May 17 Cheque 081 548 May 21 Cheque 482 3,058 May 25 Cheque 83 1,244 May 28 Cheque #84 983 May 29 Cheque #85 68 May 31 Cheque #86 175 May 31 Ending Balance $14,619 The following comes from the company's April 2024 Bank Statement: Date Description Withdrawals. Deposits Balance April 30 Balance Forward $13,846 May 2 Deposit 1,550 15,396 May 31 Cheque #75 550 14,846 May 4 Deposit 2,700 17.546 May 6 Cheque #77 1.256 16.290 May 7 May 8 May 10. NSF Cheque W. White 600 15.690 Cheque #76 875 14.815 Cheque #78 3.684 11,131 May 11 May 131 Bank Collection 4,300 15.431 Cheque #79 1,100 14.331 May 14 EFT-Utilities bill 300 14,031 May 15 Deposit 4,950 18,981 May 18 Cheque #80 468 18.5137 May 21 Deposit 2,600 21,113 May 24 EFT-Telephone 100 21.013 May 25 Cheque #82 3,058 17.955 May 27 Cheque #83 1.244 16,711 May 31 May 31 Bank plan fee Interest 5 16.706 16,707 Additional Information: A-The correct amount of cheque #80-a payment of an account payable is $468. ZipFlyer's bookkeeper made an error: B-The bank collection was a note receivable. The note included principal of $4,000 and interest of $300. No previous interest accruals had been made on the note. Required a.) Prepare a bank reconciliation dated May 31, 2024. b.) Record any required adjustments based on your reconciliation