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kten Problems: Please show your work for each problem. There are 5 questions in total Question 1: Louis Inc. is a company that sells trumpets.

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kten Problems: Please show your work for each problem. There are 5 questions in total Question 1: Louis Inc. is a company that sells trumpets. They use the perpetual system to track : inventory. The following is a selection of transactions from Louis Inc.'s first month of operations: April 2nd : Bought 500 trumpets from Alligator Co. for $25,000 on account with terms of 4/10, 1/60. April 4th: Paid $95 for delivery of the trumpets in cash. April 6th: Returned $1,250 of the trumpets back to Alligator Co. April 9th: Paid Alligator Co. in full, less the discount. April 20th : Sold 200 trumpets to a band in New Orleans for $18,000 on Account. The original cost of those trumpets was $9,640 =pril 24th: The band from New Orleans returned 10 trumpets back to Louis Inc. A full refund of $900 as given. The original cost of those 10 trumpets was $482 e record these transactions in the general journal. More spaces then needed have been provided Date Account we 30ch they had a Cash balance per the books of $21,589 and their bank statement indicated a Cash wcion 5: On July 1st Tinkerbell Inc, decides to do a bank reconciliation for the month of lutve. On lance of $24,053. they have: . . Going through the bank statement and the cash transactions for the month, Tinkerbelline, realizes that Outstanding deposits of $3,885 Outstanding withdrawals of $5,914 A bank service charge of $75 A NSF check for $200 A notes receivable collected by the bank on their behalf for $800 They also realized that they had made a mistake in recording a payment: They recorded having paid $890 when it should have been recorded as $980. The bank had the correct amount on their bank statement. . . Using this information please do a bank reconciliation for Tinkerbell Inc. for the month of June. More paces then needed have been provided

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