Can you please do a,b, and c.

a.Petty Cash

b.Prepare Bank Reconciliation- proceeding to a correct cash balance , and prepare the journal entries.

c.What amount should be reported in the May 31/2017 , balance sheet?

Bank by pledging $160000 of Sandbul 2. On December 1, 2011, SalUVU ables were sold outright on a without recourse basis. 3. On December 31, 2017, an advance of $120,000 was received from First receivable. Sandburg's first payment to First Bank is due on January 30, 20 Instructions , as a result of the Prepare a schedule showing the income statement effects for the year ended December 31, 2011 *P712 (L08) (Petty Cash, Bank Reconciliation) Bill Jovi is reviewing the cash accountin service. Jovis review will focus on the petty cash account and the bank reconciliation for th collected the following information from Nottleman's bookkeeper for this task. for Nottleman, Inc, a local mailing month ended May 3127 he has Petty Cash , in the amount $250 1. The petty cash fund was established on May 10, 2017of . 2. Expenditures from the by fund the custodian as of May 31, 2017, were evidenced by approved receipts for the following Postage expense $33.00 Mailing labels and other supplies 65.00 LO.U. from employees 30.00 Shipping charges (to customer) 57.45 Newspaper advertising 22.80 Miscellaneous expense 15.35 On May 31, 2017, the petty cash fund was replenished and increased to $300; currency and coin in the fund at that time totaled $26.40. Bank Reconciliation THIRD NATIONAL BANK BANK STATEMENT Disbursements Receipts Balance $8,769 Balance, May 1, 2017 Deposits Note payment direct from customer (interest of 530). Checks cleared during May Bank service charges Balance, May 31, 2017 $28,000 930 $31,150 27 6,522