Bank. Recunciliation and Entries checks and memos with the records revesied the following reconciling items: a. Checks outstanding totaled \$4,950. b. A deposit of 55,150 , representing receipts of Apri 30, had been made too tate to appear on the bank statement. c. The bank colected $2,680 on a $2,540 note, including interest of $140. e. A check drawn for $50 had been erroneously charged by the bank as $500. 1. Bank service charges for Apeil amounted to $40 Feedback Check My Work 1. Set up two columns: one for the company cash account section and the other for the bank balance section. Det company sections of the reconciliation must be equal. If not, an item has been overlooked or treated in error. 2. Journalize the necessary entries (a.) that increase cash and (b.) that decrease cash. The accounts have