instructions Chart of Accounts Labels and Amount Descriptions Instructions The cash account for Norwegian Medical Co.at April 30 indicated a balance of $82,726. The bank statement indicated a balance of $128.040 on April 30 Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconcilieg toma: a. Checks outstanding totaled $34,090. b. A deposit of $18.430, representing receipts of April 30, had been made too late to appear on the baric statement, C. The bank collected $31.779 on a $29,700 note, including interest of $2,079 d. A check for $1,900 returned with the statement had been incorrectly recorded by Norwegian Medical Co, as $190. The check was for the payment of an obligation to Universal Supply Co. for a purchase on account e. A check drawn for $370 had been erroneously charged by the bank as $730. 1. Bank service charges for April amounted to $55, Required: Required: Prepare a bank reconciliation. Be sure to complete the statement heading. Refer to the Labels and Amount Descriptions for the exact wording of text entries. "Add" or "Deduct:" will automatically appear if it is required. Enter all amounts as positive numbers - Journalize the necessary entries. The accounts have not been closed. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debitor credit entries. CNOW jour will automatically indent a credit entry when a credit amount is entered. If a balance sheet is prepared for Norwegian Medical Co. on April 30, what amount should be reported as cash? ASSETS 110 Cash REVENUE 410 Sales 111 Petty Cash 120 Accounts Receivable 610 Interest Revenue 131 Notes Receivable EXPENSES 141 Merchandise Inventory 145 Office Supplies 146 Store Supplies 510 Cost of Merchandise Sold 515 Credit Card Expense 516 Cash Short and Over 151 Prepaid Insurance 181 Land 520 Salaries Expense 531 Advertising Expense 532 Delivery Expense 533 Insurance Expense 191 Office Equipment 192 Accumulated Depreciation Office Equipment 193 Store Equipment 194 Accumulated Depreciation Store Equipment 534 Office Supplies Expense 535 Rent Expense LIABILITIES 211 Accounts Payable-Universal Supply Co. 536 Repairs Expense 537 Selling Expenses 538 Store Supplies Expense 561 Depreciation Expense-Office Equipment 562 Depreciation Expense-Store Equipment 590 Miscellaneous Expense 221 Notes Payable 222 Interest Payable 231 Salaries Payable Pre numbers Norwegian Medical Co. Bank Reconciliation 1 Cash balance according to bank statement (Label) 2 3 I 4 5 Adjusted balance 6 7 Cash balance according to company's records 8 9 10 11 Adjusted balance accounts for the exact wording of the NOW page is used for debitor credit entries. CNOW journals will automatica dentro JOURNALI DATE DESCRIPTION 1 ACCOUNTING POST REF DERIT 2 3 4 5 6 3. If a balance sheet is prepared for Norwegian Medical Co. on April 30, what amount should be reported as cash? $