mer Bank Reconciliation and Entries The cash account for Norwegian Medical Co. at April 30 indicated a balance of $12,330. The bank statement indicated a balance of $14,100 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: a. Checks outstanding totaled $5,080 b. A deposit of $5,290, representing receipts of April 30, had been made too late to appear on the bank statement c. The bank collected $2,750 on a $2,610 note, including interest of $140. d. A check for $880 returned with the statement had been incorrectly recorded by Norwegian Medical Co, as $800. The check was for the payment of an obligation to Universal Supply Co. for a purchase on account. e. A check drawn for $70 had been erroneously charged by the bank as $700. 1. Bank service charges for April amounted to $60, Required: 1. Prepare a bank reconciliation Norwegian Medical Co. Bank Reconciliation April 30 Cash balance according to tank statement 14,100 Adjusted balance