Extra practice question with no answers. I want to see if my work and answers are correct. Please show me the work process and answers for the two questions. Thank you.

Re_quired (parts a & b): 3) Prepare Wheeler Limited's May bank reconciliation. b) Prepare any necessary journal entries to adjust Wheeler Limited's cash account balance pa general ledger. The bank portion of last month's bank reconciliation showed the following for Wheeler Ltd. The reconciled cash balance per bank agreed with the reconciled cash balance per books aer the bank reconciliation at April 30'\": Wheeler Ltd Bank Reooncili ion April 30 Cash balance per bank $2,500 Add: deposits in transit $4 200 $6,700 Less: outstanding cheques #33 $1,900 #41 $950 $2,850 Reconciled cash balance m The May bank statement showed the following: Date Description Amounts Deducted Amounts Added Balance May 1 Opening Balance $2,500 May 1 Deposit 4,200 6,700 May 5 Cheque #41 950 5,750 May 6 Cheque #33 1,900 3.850 May 7 Cheque #42 2,700 1,150 May 8 Deposit 2,100 3,250 May 9 Cheque #43 2,210 1,040 May 10 EFT, Collection from a customer 1,990 3,030 May 11 Cheque #44- 920 2,110 May 15 Deposit 1,800 3,910 May 23 Returned cheque 7 NSF, I. Hop 1,150 2,760 May 29 Deposit 1,000 3,760 May 31 EFT, June's rent payment 1,910 1,850 May 31 Service charges 55 1,795 Wheeler's cash receipts and payments for the month of May showed the following: Cheques Receipt: Date No. Amount Date Amount May 5 42 $2,700 May 6 $2,100 7 43 2, 120 14 1,8 00 15 44 920 28 1,000 31 45 1 ,500 3 1 1,600 $7,240 56,5 00 Additional Information The bank made an error when processing cheque #43 (which was for insurance expense)