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Bank Reconciliation The following information is available to assist you in preparing a bank reconciliation for Fernandez Corporation on May 31 a. The balance on

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Bank Reconciliation The following information is available to assist you in preparing a bank reconciliation for Fernandez Corporation on May 31 a. The balance on the May 31 bank statement is $8,432.11. b. Not included on the bank statement is a $1.250 deposit made by Fernandez Corporation late on May 31. C. A comparison between the canceled checks returned with the bank statement and the company records indicated that the following checks are outstanding at May 311 No. 123 $23.40 No. 127 145.00 No. 128 210.80 No. 130 71.80 d. The Cash account on the company's books shows a balance of $9,965.34 e. The bank acts as a collection agency for interest earned on some municipal bonds held by Fernandez Corporation. The May bank statement indicates interest of $465.00 earn f. Interest earned on the checking account and added to Fernandez Corporation account during May was $54.60. Miscellaneous bank service charges amounted to $50.00 9. A customer's NSF check in the amount of $170.48 was returned with the May bank statement. h. A comparison between the deposits listed on the bank statement and the company's books revealed that a customer's check in the amount of $123.45 was recorded on the b never added to the company's account. The bank erroneously added the check to the account of Hernandez Corporation, which has an account at the same bank. 1. The comparison of deposits per the bank statement with those per the books revealed that another customer's check in the amount of $101.10 was correctly added to the com recording the check on the company's books, however the accountant erroneously increased the Cash account by $1.011.00. Required: Enter all amounts rounded to the nearest cent. 1. Preparebank reconciliation in good form. Fernandez Corporation Bank Reconciliation May 31 Balance per bank statement. May 31

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