Current Attempt in Progress Martinez Corp, deposits all receipts intact and makes all payments by cheque. The following information is available from the cash records: Balance per books (a) Your answer is correct. Determine the amount of deposits in transit and outstanding cheques at May 31. Keep in mind the time lag between deposits and cheques being recorded in the books and when they are recorded by the bank. Deposits in transit, May 31 Outstanding cheques, May 31 Your answer is correct. Prepare a May 31 bank reconciliation showing balance per bank statement and balance per books and correct cash balance. (List items that increase bolance as per bank \& books first.) Question 2 of 3 26.67/40 Balance per books, May 31 Add Collection of nate Less \& NSF cheque Bankservice charge Correct \&ashibulance, May 31 eTextbook and Media List of Accounts Prepare the journal entry to correct the Cash account at May 31. CCredit account titles are autamatically indented when the amount is entered. Do not indent manually, If no entry is required, select "No Entry" for the aceount titles and enter O for the amounts List ail debit entries before credit entries) Current Attempt in Progress Martinez Corp, deposits all receipts intact and makes all payments by cheque. The following information is available from the cash records: Balance per books (a) Your answer is correct. Determine the amount of deposits in transit and outstanding cheques at May 31. Keep in mind the time lag between deposits and cheques being recorded in the books and when they are recorded by the bank. Deposits in transit, May 31 Outstanding cheques, May 31 Your answer is correct. Prepare a May 31 bank reconciliation showing balance per bank statement and balance per books and correct cash balance. (List items that increase bolance as per bank \& books first.) Question 2 of 3 26.67/40 Balance per books, May 31 Add Collection of nate Less \& NSF cheque Bankservice charge Correct \&ashibulance, May 31 eTextbook and Media List of Accounts Prepare the journal entry to correct the Cash account at May 31. CCredit account titles are autamatically indented when the amount is entered. Do not indent manually, If no entry is required, select "No Entry" for the aceount titles and enter O for the amounts List ail debit entries before credit entries)
