Lotus company showed the following bank reconciliation at March 31:

No form of cheating will be tolerated.

All answers should be written on paper and submitted in

PDF form. No other form of submission will be accepted.

Bank Balance

ADD:

Deposit in transit

Deduct:

Outstanding cheques :

$ 22,100

0000 $22,100

#1771 #1780

Adjusted Balance

$15463

955.65 16418.65

5681.35

Book Balance $ 5681.35

00000 Adjusted Balance 5681.35

Cash Book @ April 30 , 2019

PR

Debit $

Credit $

Balance $

44627.20

CR17

29289.05

73916.25

CR13

28089.50

45826.75

Deposits Made

Cheques Written

April

$

#

$

7

14662.30

1782

12800.55

13

849.25

1783

1465.80

18

1166.45

1784

7600.00

26

4210.10

1785

620.15

27

8400.95

1786

974.35

Total

29289.05

1787

2334.75

1789

1398.25

Total

28089.50

Bank Statement @ April 30,2019

Beginning balance $61045.95

Ending Balance $30128.65

Cheques /Charges $

Deposits/Credits$

#1784

04/03

7600.00

04/03

14662.30

#1783

04/07

1465.80

04/07

849.25

#1787

04/13

2334.75

04/13

1166.45

NSF

04/18

15600.40

04/18

4210.10

#1782

04/23

12800.55

Credit memo

5200.00

#1785

04/27

620.15

#1771

04/30

15463.10

#1788

04/30

985.65

SC

04/30

135

Cheque #1788 was correctly written for $985.65 to pay for May utilities; however , the bookkeeper misread the amount and entered it in the accounting records with a debit to Utilities expense and a credit to cash as though it were for $895.65.

NSF cheque was originally received from a customer ,Tom, in payment of her account . the credit memo refers to a note collected by the bankand it has not been recorded

REQUIRED

A. Make a bank reconciliation for the company at April 30, 2019

B. Make an entry to correct the mistake made.

C. Show the entry of the credit memo.