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can you help me solve please Bank Recaneltation and Entries The cash account for American Medical Ce. at Aprii 30 indicated a balance of $12,800.
can you help me solve please Bank Recaneltation and Entries The cash account for American Medical Ce. at Aprii 30 indicated a balance of $12,800. The bank satement indicated a balance of 114,750 on April 30 . Cemparing the bank statement and the accomponying canceled checks and memos with the cecords revealed the following reconciling igems: M. Checks outstanding totaled $5,310. b. A beposit of \$5,530, representing receepts of Apri 30, had been made too late to appear ca the bank statement. c. The benk coliected 12,860 on a $2,730 note, including laterect of 5150 . a. A check for $550 returned with the statement had been incorrectly recorded by American Medical Co. as isoo. The check was for the oayment of an obligation to Taryhee Supply Co, for a purchase on accoum. 6. A check drawn for $70 had been erroneously charged by the bank as 1700 . t. Bank service charges for April amounted to $30. Required: 1. Prepare a bank reconclllation. 2. Jearnatce the necesary entries (a.) that increabe cash and (b.)thatdecreasecash.Theacopuntshavenotbeenclosed.Foracormobundtraraactan,ifanamaunt. bok does not require an entry. lave it Blank. 3. If a balanice sheet is prepared for Amesican Medcal Co, on April 30, whet amount should be reperted as cash? 5 mors Goeck ty wok vses remaining Neat
can you help me solve please
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