Caloulalor Reconcillation and Entries The cash account for American Medical Co at April 30 indicated a balance of $10,055. The bank statement indicated a balance of $11,380 the accompanying canceled checks and memos with the records revealed the following reconciling items: on Apnil 30 Comparing the bank statement and a. Checks outstanding totaled $4,100 b. A deposit of $4,270, representing receipts of April 30, had been made too late to appear on the barnk c. The bank colected S2,220 on a $2,110 note, indudng nterest of $11o. d. A check for $660 returned with the statement had been purchase on account. e. A check drawn for $70 had been erroneously charged by the bank as $700. t. Bank service charges for April amounted to $35 recorded by American Medical Co. as $600. The check was for the payment of an obligation to Tarphee Supply Co. for a Required 1. Prepare a bank reconcliation American Medical Co April 30 Cash balance according to bank statement Adjusted balance Cash balance according to company's recornds Adjusted belance 2. Jeurmalize the necessary entries (o) that increase cash and (o.) that decrease cash. The accounts h have not been closed. For a compound transaction, if an amount box does not require an entry, leave it blank. Previous Next All work saved for Grading Adjusted balance 2. Journalize the necessary entries (a.) that increase cash and (b.) that decrease cash. The accounts have not been closed. For a compound transaction, if an amount box does not require an entry, leave it blank. a. April 30 b. April 30 3. Il a balance sheet is prepared for American Medical Co. on April 30, what amount should be reported as cash? Previous Next All work saved. Email Instructor Submit Assignment for Grading