P8-3C Ezy Fertilizer Company of Pendleton, Oregon, spreads herbicides and applies liquid fertilizer for local farmers. On May 31, 2017, the company's cash account per its general ledger showed the following balance. CASH NO. 101 Ref. Debit Credit Date Balance Explanation Balance 6,781.50 May 31 The bank statement from Pendleton State Bank on that date showed the following balance. PENDLETON STATE BANK Checks and Debits Deposits and Credits XXX XXX Daily Balance 5/31 6,804.60 A comparison of the details on the bank statement with the details in the cash account revealed the following facts. 1. The statement included a debit memo of $40 for the printing of additional company checks. 2. Cash sales of $836.15 on May 12 were deposited in the bank. The cash receipts journal entry and the deposit slip were incorrectly made for $846.15. The bank credited Ezy Fertilizer Company for the correct amount. 3. Outstanding checks at May 31 totaled $515.25. and deposits in transit were $1,436.15. 4. On May 18, the company issued check no. 1181 for $685 to M. Datz, on account. The check, which cleared the bank in May, was incorrectly journalized and posted by Ezy Fertilizer Company for $658. 5. A $2,500 note receivable was collected by the bank for Exy Fertilizer Company on May 31 plus $80 interest. The bank charged a collection fee of $25. No interest has been accrued on the note. 6. Included with the cancelled checks was a check issued by Bohr Company to Fred Mertz for $600 that was incorrectly charged to Ezy Fertilizer Company by the bank. 7. On May 31, the bank statement showed an NSF charge of $934 for a check issued by Tyler Gricius, a customer, to Exy Fertilizer Company on account. Instructions (a) Prepare the bank reconciliation at May 31, 2017 (b) Prepare the necessary adjusting entries for Exy Fertilizer Company at May 31, 2017