OBJ.S PR 8-4A Bank reconciliation and entries . The cash account for Brentwood Bike Co. at Ma y 1 indicated a balance of $34,250. During May, the total cash deposited was $140,300, and checks written totaled $138,880. The bank state ment indicated a balance of $43,525 on May 31. Comparing the bank statement, the cancel checks, and the accompanying memos with the records revealed the following reconciling items: a. Checks outstanding totaled $6,440. b. A deposit of $1,850 representing receipts of May 31 had been made too late to appear c. The bank had collected for Brentwood Bike Co. $5,250 on a note left for collection. d. A check for $390 returned with the statement had been incorrectly charged by the e. A check for $210 returned with the statement had been recorded by Brentwood Bike on the bank statement. The face of the note was $5,000. bank as $930 Co. as $120. The check was for the payment of an obligation to Adkins Co. on account. Continued)