ChapterG Cash and Internal Controls Shamara Systems most recently reconciled its bank balance on April 30 and reported two checks outstand Problem 6-5B ing at that time, No. 1771 for $781 and No. 1780 for $1.425.90. The following information is available Prepare a bank for its May 31, 2015, reconciliation. reconciliation and record From the May 31 Bank Statement CHECKS AND DEBITS Date No. Amount 05/01 1771 781.00 05/02 1783 382.50 05/04 1782 1,285.50 05/11 1784 1,449.60 05/18 05/25 1787 8,032.50 05/20 1785 03.90 05/29 1788 654.00 DEPOSITS AND CREDITS DAILY BALANCE 2,438 00 2,898.00 1,801.80 7,35000 2,079.00 18.200.70 17,509.70 17.127.20 18,279.70 16,830,10 19.728.10 19,296.30 21,098.10 20.41560 22,430.70 21,776.70 21,762.70 05 01 05/02 05/25 431.80 NSF 05/14 05/18 05/22 05/25 05/26 05/29 4,00 sc From Shamara Systems's Accounting Records May 2,438.00 2898.00 1.801.80 2.079.00 2.727.30 1,944.10 1782 783 1784 785 1786 1787 788 789 1,285.50 82.50 ,449.60 63.90 353.10 8,032.50 644.00 639.50 2.850.60 Acct. No. 101 Explanation PR Debit Credit Balance 16,083.80 28,02790 12,850.6015,177.30 Apr 30 Balance May 3 Total receipts R7 11,944.10 31 Total disbursements D8 Additional Information Check No. 1788 is correctly drawn for $654 to pay for May utilities; however, the recordkeeper misread the amount and entered it in the accounting records with a debit to Utilities Expense and a credit Cash for $644. The bank paid and deducted the correct amount. The NSF check shown in the stateme.u