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Cullumber Company of Emporla, Kansas, spreads herbicides and applies liquid fertilizer for local tarmers. On May 31, 2022, the company's Cash account per its general

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Cullumber Company of Emporla, Kansas, spreads herbicides and applies liquid fertilizer for local tarmers. On May 31, 2022, the company's Cash account per its general ledger showed a balance of 56,853.90 The bank statement from Emporia State Bank on that date showed the following balance Emporia State Bank Checks and Debits Deposits and Credits Dally Balance XXX 5.317,083.00 1 2 3. A comparison of the details on the bank statement with the details in the Cash account revealed the following facts The statement included a debit memo of $63.00 for the printing of additional company checks Cash sales of 5906.15 on May 12 were deposited in the bank. The cash receipts entry and the deposit slip were incorrectly made for $956.15. The bank credited Cullumber Company for the correct amount Outstanding checks at May 31 totaled $267 25, and deposits in transit were $1.903.35. On May 18, the company issued check No. 1181 for $686.00 to H. Moses, on account. The check, which cleared the bank in May, was incorrectly Journalized and posted by Cullumber Company for $668.00 $2828.00 was collected from a customer's note receivable by the bank for Cullumber Company on May 31 through electronic funds transfer 6 Included with the canceled checks was a check issued by Tomins Company to C. Pernod for $337.00 that was incorrectly charged to Cullumber Company by the bank On May 31, the bank statement showed an NSF charge of $495.00 for a check issued by Sara Ballard, a customer to Cullumber Company on account. 4 5 7. (a) Prepare the bankreconciliation at May 31, 2022. (List items that increase balance as per bank books first. Reconcile canh balance per bank first Round answers to 2 decimal places, s 52.75) CULLUMBER COMPANY Bank Reconciliation

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