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Current Attemptin Progress Wildhorse Co. of Emporia, Kansas, spreads herbicides and applies liquid fertilizer for local farmers. On May 31, 2020, the company's Cash account

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Current Attemptin Progress Wildhorse Co. of Emporia, Kansas, spreads herbicides and applies liquid fertilizer for local farmers. On May 31, 2020, the company's Cash account per its general ledger showed a balance of 56.899.90 The bark statement from Emporia State Bank on that date showed the following balance. EMPORIA STATE BANK Checks and Debits Deposits and Credits Daily Balance 5-317,123.00 A comparison of the details on the bank statement with the details in the cash account revealed the following facts. 1. The statement included a debit memo of $55.00 for the printing of additional company checks. 2. Cash sales of $898.15 on May 12 were deposited in the bank. The cash receipts entry and the deposit so were incorrectly made for $98.15. The bank credited Wildhorse Ca for the correct amount 3. Outstanding checks at May 31 totaled $255 25, and deposits in transit were $1695.15 4. On May 18, the company issued check No 1181 for $684.00 to H. Moses, on account. The check which eared the bank in May, was incorrectly journal and posted by Withorse Co.for $64800 S. A $26000 note receivable was collected by the bank for Wildhorse Co. on May 31 through electronic funds transfer 6. Included with the canceled checks was a check issued by Tomins Company to C. Pernod for $345.00 that was incorrectly charged to Wildhorse Co. by the bank. 7. On May 31, the bank statement showed an NSF charge of $535.00 for a check issued by Sara Beland a customer to Wildhorse Coon account Prepare the bank reconciliation at May 31, 2020. list items that increase balance as per bork & books first. Round answers to 2 decimal places, es 52.75) WILDHORSE CO Bank Reconciliation Error in recording check Bank error - Tomins Error in deposit Adjusted cash balance per bank Check printing charge Cash balance per bank statement NSF check Electric funds transfer received Outstanding checks Deposits in transit List of Accounts Prepare the necessary adjusting entries for Wildhorse Co. at May 31, 2020. (Credit account titles are automatically inderted when amount is entered. Do not indent mone Debit Credit Date Account Titles and Explanation May 31 (To record collection of note receivable by bank) (To record NSF check) 31 (To correct error in deposit) 31 (To correct error in recording check) To record charge for printing company checks) eTextbook and Media List of Accounts Wildhorse Co. of Emporia, Kansas, spreads herbicides and applies liquid fertilizer for local farmers. On May 31, 2020, the company's Cash account per its general ledger showed a balance of 56.89390 The bank statement from Emporia State Bank on that date showed the following EMPORIA STATE BANK Checks and Debits Deposits and Credits Daily Balance OOK OOK 5-317.123.00 A comparison of the details on the bank statement with the details in the C o unt revealed the following facts 1. The statement included a debit memo of $55.00 for the printing of additional company checks. 2. Cash sales of $898.15 on May 12 were deposited in the bank. The cash receptentry and the deposit slip were incorrectly made for $948. 15. The bank credited Wildhorse Co. for the correct amount. 3. Outstanding checks at May 31 totaled $285,25, and deposits in transit were $1.895.15 4. On May 18. the company issued check No 1181 for 56B400 to H. Moses, on account. The check which cleared the bank in May, was incorrectly journalted and posted by Wildhorse Ca for $648.00 5. A$2.860 00 not receivable was collected by the bank for Wildhorse Coon May 31 through electronic funds transfer 6. Included with the canceled checks was a check issued by Tomins Company to C.Pemod for $345.00 that was incorrectly charged to Wildhorse Co. by the bank 7. On May 31. the bank statement showed a NSF charge of $35.00 for check ud by Sara Ballard, a customer to Wildhorse Coon account Prepare the bank reconciliation at May 31, 2020. list items that increase balance as perbank & books first. Round answers to 2 decimal preses. 52.75) WILDHORSE CO. Bank Reconciliation

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